Waaree Energies Sees Significant Open Interest Surge Amid Mixed Price Action
Open Interest and Volume Dynamics
The latest data reveals that Waaree Energies’ open interest (OI) in derivatives rose from 3,413 contracts to 3,880, marking an increase of 467 contracts or 13.68% on the most recent trading day. This expansion in OI is accompanied by a futures volume of 2,530 contracts, indicating active participation in the derivatives market. The futures value stands at approximately ₹2,583.93 lakhs, while the options segment commands a significantly larger notional value of ₹1,160.52 crores, culminating in a total derivatives market value of ₹2,738.10 lakhs for the stock.
The underlying stock price closed at ₹2,958, reflecting a marginal day change of +0.10%. However, this slight uptick belies a more complex…
