Mumbai | September 29, 2025 — eBharat Markets Desk
Filed on Sep 29, 2025, 12:28 IST via NSE derivatives data.
Open interest activity was brisk in the financial space on Monday as Muthoot Finance and RBL Bank featured among the top OI spurt counters on the NSE. Derivatives data showed ~38.7% rise in Muthoot Finance OI and a ~33.2% jump in RBL Bank OI, signaling fresh positioning from traders in the September series.
| Stock | OI Change | Trend |
|---|---|---|
| Muthoot Finance | +38.7% | Fresh long build-up |
| RBL Bank | +33.2% | Fresh long build-up |
Why It Matters
- Muthoot Finance: The surge in OI comes as gold prices remain steady, boosting interest in gold-loan financiers. Derivatives positioning indicates traders are betting on continued upside in the counter.
- RBL Bank: A jump in OI reflects renewed traction in banking names after recent volatility. Market participants see scope for short-term momentum as positions accumulate.
- Sector trend: Financials remain in focus with elevated activity in both NBFCs and mid-tier banks, showing traders’ preference for leveraged plays.
Market Context
OI spurts of over 30% typically flag heightened derivatives interest. When accompanied by stable or rising spot prices, this signals a long build-up (bullish bets). If prices decline alongside OI jumps, it points to short build-up (bearish). For both Muthoot and RBL Bank, today’s data indicates a bias toward fresh long positions.
Outlook
With September derivatives expiry approaching, OI build-ups in Muthoot Finance and RBL Bank may contribute to near-term volatility. Market watchers will track whether volumes sustain and if price action confirms the bullish tilt suggested by the derivatives data.
| Open | High | Low | Prev |
|---|---|---|---|
| ₹3,029.60 | ₹3,047.50 | ₹3,013.00 | ₹3,020.30 |
| Open | High | Low | Prev |
|---|---|---|---|
| ₹274.00 | ₹279.85 | ₹273.10 | ₹272.35 |
