Good morning!☕🗞️
Check out the open interest of the Nifty50, Bank Nifty and F&O stocks that are making the headlines ⤵️
Options setup (Expiry: 8 June)
| Nifty50 Max Call OI | 18,800 |
| Nifty50 Max Put OI | 18,600 |
| Max Pain | 18,700 |
| PCR | 1.33 |
| Bank Nifty Max Call OI | 44,500 |
| Bank Nifty Max Put OI | 44,000 |
| Max Pain | 44,200 |
| PCR | 0.90 |
⭐ Britannia shares surge
Shares of the FMCG major rose 4% yesterday. Experts state that factors such as falling raw material and distribution expansion could drive growth. Meanwhile, the open interest of its June futures contract rose 23.5%, signalling a long build-up.
⭐ Vodafone Idea shines
Shares of the telecom company rose 8.5% on Wednesday. The rub-off effect of the government’s decision to approve a package of ₹80,047 crore for BSNL was felt on the stock. In the light of this, Vodafone Idea’s June futures contract’s open interest increased 2.6%, signalling a long build up.
Disclaimer:
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