​Axis Bank among 5 F&O stocks with a sharp rise in futures open interest

As of July 20, there was a notable surge in futures open interest for five stocks in the NSE F&O pack, contributing to a total increase in open interest of over 6% as compared to the previous trade. A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security. This uptrend reflects an increasing number of participants either initiating new positions or expanding the size of their existing positions within the futures market.

OI: 5,76,900 | Chg OI: 62,700 | Chg OI (%): 12.19

OI: 55,32,500 | Chg OI: 4,98,750 | Chg OI (%): 9.91

OI: 780,09,375 | Chg OI: 52,46,875 | Chg OI (%): 7.21

OI: 19,99,750 | Chg OI: 1,19,375 | Chg OI (%): 6.35

OI: 1,16,69,325 | Chg OI: 6,87,325 | Chg OI (%): 6.26