Oil India among 5 F&O stocks with a sharp rise in futures open interest
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Bullish Signs
As of June 10, there was a notable surge in futures open interest in five stocks in the NSE F&O pack, contributing to a total increase of over 7% compared to the previous trading session. A significant uptick in futures open interest signifies a substantial rise 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 existing positions in the futures market.
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Oil India
OI: 1,88,70,600 | Chg OI: 22,09,200 | Chg OI (%): 13.26
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Siemens
OI: 34,35,775 | Chg OI: 3,41,075 | Chg OI (%): 11.02
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4/6
Indian Railway Finance Corporation
OI: 7,35,80,000 | Chg OI: 64,00,475 | Chg OI (%): 9.53
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GE Vernova T&D India
OI: 7,95,750 | Chg OI: 60,875 | Chg OI (%): 8.28
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KFin Technologies
OI: 62,85,250 | Chg OI: 4,15,850 | Chg OI (%): 7.09