Tata Elxsi among 5 F&O stocks with a sharp rise in futures open interest
By Ritesh Presswala, ETMarkets.com |
1/6
OI Rally Continues
As of April 22, 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 13% 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.
2/6
Tata Elxsi
OI: 29,05,000 | Chg OI: 10,66,000 | Chg OI (%): 57.97
3/6
Havells India
OI: 1,04,79,000 | Chg OI: 16,53,000 | Chg OI (%): 18.73
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