Tata Elxsi among 4 F&O stocks with a sharp rise in futures open interest

On July 15, there was a notable surge in futures open interest for nine stocks in the NSE F&O pack, contributing to a total increase in open interest of over 10% as compared to the previous trade. A significant uptick in futures open interest implies 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.

OI: 50,92,375 | Chg OI: 10,97,000 | Chg OI (%): 27.46

OI: 3,25,54,225 | Chg OI: 67,53,150 | Chg OI (%): 26.17

OI: 50,38,275 | Chg OI: 5,05,175 | Chg OI (%): 11.14

OI: 34,73,125 | Chg OI: 3,18,000 | Chg OI (%): 10.08