Ultratech Cement among 5 F&O stocks with a sharp rise in futures open interest
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Futures Rush
There was a notable surge in futures open interest for five stocks in the NSE F&O pack on April 24, contributing to a total increase in open interest of over 8% compared with the previous trade. A significant uptick in futures open interest signifies 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 in the futures market.
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PI Industries
OI: 29,30,025 | Chg OI: 3,13,950 | Chg OI (%): 12
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Ultratech Cement
OI: 30,44,850 | Chg OI: 3,12,450 | Chg OI (%): 11.44
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Dr Reddy's Laboratories
OI: 1,73,78,750 | Chg OI: 16,20,625 | Chg OI (%): 10.28
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Infosys
OI: 9,33,46,800 | Chg OI: 85,71,600 | Chg OI (%): 10.11
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Indian Energy Exchange
OI: 8,17,42,500 | Chg OI: 66,52,500 | Chg OI (%): 8.86