Indian Hotels among 5 F&O stocks with a sharp rise in futures open interest
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F&O Momentum Rises
As of May 12, 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 7% 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.
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Kaynes Technology India
OI: 35,67,550 | Chg OI: 4,33,750 | Chg OI (%): 13.84
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Vedanta
OI: 3,37,68,600 | Chg OI: 30,24,500 | Chg OI (%): 9.84
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4/6
The Indian Hotels Company
OI: 2,57,11,000 | Chg OI: 21,39,000 | Chg OI (%): 9.07
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Wipro
OI: 341169000 | Chg OI: 2,69,88,000 | Chg OI (%): 8.59
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KPIT Technologies
OI: 96,63,400 | Chg OI: 6,40,575 | Chg OI (%): 7.1