Muthoot Finance shares jump nearly 5%, gold loan assets reach Rs 1 lakh crore due to high gold prices

Shares of Muthoot Finance recorded their biggest gain in a month, rising nearly 5 percent on Monday, March 17, after the company announced that gold loan assets crossed the Rs 1 lakh crore milestone.
As of 3:00 pm, the shares were trading at Rs 2,288 per share, marking a gain of 4.17 percent. Options trading data reflected the bullish sentiment, with call contracts seeing significant demand.
Nearly 43,800 Muthoot call options were traded, the highest volume in a month and well above the 20-day average of 12,600 contracts.
In contrast, put options saw lower volumes of 19,000 contracts. The three most actively traded options were all bullish