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BHEL and GMR Infra soar

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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Categories: F&O