Dr. Reddy's Lab among 4 F&O stocks that saw a high increase in futures open interest

On July 09, there was a notable surge in futures open interest for nine stocks in the NSE F&O pack, contributing to a total increase in open interest of over 11% 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: 1,63,94,375 | Chg OI: 36,61,250 | Chg OI (%): 28.75

OI: 1,73,95,000 | Chg OI: 27,53,125 | Chg OI (%): 18.8

OI: 49,90,950 | Chg OI: 5,80,725 | Chg OI (%): 13.17

OI: 4,50,67,000 | Chg OI: 48,00,400 | Chg OI (%): 11.92