Good morning!☕🗞️
Check out the open interest of the NIFTY50, BANK NIFTY and F&O stocks that are making the headlines ⤵️
Options setup (Expiry: 24 August)
| NIFTY50 Max Call OI | 19,400 |
| NIFTY50 Max Put OI | 19,300 |
| Max Pain | 19,350 |
| PCR | 0.76 |
| BANK NIFTY Max Call OI | 44,000 |
| BANK NIFTY Max Put OI | 44,000 |
| Max Pain | 44,000 |
| PCR | 0.82 |
⭐ BHEL soars on order win
Shares of Bharat Heavy Electrical (BHEL) rose 9.7% yesterday. The company has received an order worth ₹4,000 crore from the wholly owned subsidiary of Adani Power. In the light of this, the open interest of BHEL August futures contract rose 5.4%, indicating a long build up.
⭐GMR Infra shares surge
Shares of the private airport operator rose 4.6% on Tuesday. This comes after it reported a 30% year-on-year growth in passenger traffic in July. Meanwhile, the open interest of its August futures contract increased 2%, signalling a long build up.
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