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 | 19,600 |
| Max Pain | 19,700 |
| PCR | 0.76 |
| BANK NIFTY Max Call OI | 46,000 |
| BANK NIFTY Max Put OI | 45,500 |
| Max Pain | 45,600 |
| PCR | 0.80 |
⭐ Coal India shares surge
Shares of the state-owned coal mining and manufacturing company soared 5.2% yesterday. This comes after it posted a 13.4% YoY increase in its production in July 2023. In the light of this, its August futures contract rose 5.6%, signalling a long build up.
⭐ Berger Paints shares rise
Shares of the paints manufacturing company rose around 3% on Tuesday. The company has said that its board will consider the proposal for the issue of bonus shares. Meanwhile, Berger Paints August futures contract increased 8.5%, indicating a long build up.
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