Godfrey Phillips India among 5 F&O stocks with a sharp rise in futures open interest
By Ritesh Presswala, ETMarkets.com |
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F&O Momentum Builds
As of May 20, there was a notable surge in futures open interest for five stocks in the NSE F&O pack, contributing to a total open interest increase of over 13% compared to the previous trade. A significant uptick in futures open interest signifies substantial growth in the number of active, unexpired futures contracts for 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.
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