Siemens among 5 F&O stocks with surge in futures open interest
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F&O Surge
As of April 15, 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 15% as compared to the previous trade. A significant uptick in futures open interest indicates substantial growth in the number of active, unexpired futures contracts for a given 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.
2/6
Godfrey Phillips India
OI: 7,12,525| Chg OI: 1,65,550 | Chg OI (%): 30.27
3/6
Motilal Oswal Financial Services
OI: 17,96,450| Chg OI: 3,68,900 | Chg OI (%): 25.84
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Siemens
OI: 33,19,400| Chg OI: 5,80,300 | Chg OI (%): 21.19
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Force Motors
OI: 1,08,575| Chg OI: 15,000 | Chg OI (%): 16.03
6/6
Astral
OI: 1,16,02,925| Chg OI: 14,90,050 | Chg OI (%): 14.73