Tata Consumer among 5 F&O stocks with a sharp rise in futures open interest
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OI Rally Continues
As of May 11, 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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Dalmia Bharat
OI: 34,48,900 | Chg OI: 5,13,175 | Chg OI (%): 17.48
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Tata Consumer Products
OI: 1,18,06,850 | Chg OI: 15,18,000 | Chg OI (%): 14.75
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Kaynes Technology India
OI: 31,33,800 | Chg OI: 2,70,450 | Chg OI (%): 9.45
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Bharti Airtel
OI: 6,72,13,925 | Chg OI: 49,40,475 | Chg OI (%): 7.93
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Biocon
OI: 3,24,35,000 | Chg OI: 21,17,500 | Chg OI (%): 6.98