Good morning!☕🗞️
Check out the open interest of the NIFTY50, BANK NIFTY and F&O stocks that are making the headlines ⤵️
Options setup (Expiry: 3 August)
| NIFTY50 Max Call OI | 19,800 |
| NIFTY50 Max Put OI | 19,800 |
| Max Pain | 19,750 |
| PCR | 0.63 |
| BANK NIFTY Max Call OI | 46,000 |
| BANK NIFTY Max Put OI | 46,000 |
| Max Pain | 45,900 |
| PCR | 0.60 |
⭐ Can Fin Homes shares tank
Shares of the housing finance company declined 3.2% on Thursday. This comes after the lender said that three employees of its Ambala Branch committed a fraud of ₹38.5 crore. In the light of this, the open interest of its August futures contract rose 30.8%, indicating a short build up.
⭐ Manappuram shares rise
Shares of the non-banking finance company rose 3% yesterday. Its microfinance arm – Asirvad Microfinance – is reportedly preparing for a ₹1,500 crore IPO. Against this backdrop, its August futures contract’s open interest rose 4.3%, signalling a long build up.
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