These 5 F&O stocks saw a high increase in futures open interest
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On Radar
As of January 22, 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 20% 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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KEI Industries
OI: 10,47,600| Chg OI: 3,01,650 | Chg OI (%): 40.44
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Indiamart Intermesh
OI: 22,47,000| Chg OI: 6,39,300 | Chg OI (%): 39.76
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4/6
Dalmia Bharat
OI: 39,22,050| Chg OI: 10,44,450 | Chg OI (%): 36.3
5/6
PB Fintech
OI: 42,35,400| Chg OI: 8,23,225 | Chg OI (%): 24.13
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Polycab India
OI: 26,09,625| Chg OI: 4,90,500 | Chg OI (%): 23.15