Radico Khaitan among 5 F&O stocks with a sharp rise in futures open interest
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Open Interest Spike
As of June 18, a notable surge occurred in futures open interest for five stocks in the NSE F&O pack, contributing to a total increase in open interest of over 8% 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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Radico Khaitan
OI: 5,02,200 | Chg OI: 2,34,750 | Chg OI (%): 87.77
3/6
Cochin Shipyard
OI: 62,20,000 | Chg OI: 10,53,600 | Chg OI (%): 20.39
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4/6
FSN E-Commerce Ventures
OI: 5,20,75,000 | Chg OI: 51,65,625 | Chg OI (%): 11.01
5/6
Life Insurance Corporation of India
OI: 2,86,97,200 | Chg OI: 24,05,200 | Chg OI (%): 9.15
6/6
Nuvama Wealth Management
OI: 25,29,000 | Chg OI: 1,90,500 | Chg OI (%): 8.15