Investors are hedging portfolios at a record pace amid the rising market volatility, with benchmark indices just 3% away from peaks. This is reflected in a record high open interest of the index put option contracts. The total open interest of the put options on the index reached 58.2 lakh on a twenty-day rolling basis while the total open interest on the index call options dropped by 20% from the peak of 66.2 lakh contracts according to the data from Bloomberg.
Concurrent Gainers: 7 stocks that gained for 5 days in a row
In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on
March 8, 2025