Good morning!☕🗞️
Check out the open interest of the NIFTY50, BANK NIFTY and F&O stocks that are making the headlines ⤵️
Options setup (Expiry: 10 August)
| NIFTY50 Max Call OI | 19,600 |
| NIFTY50 Max Put OI | 19,500 |
| Max Pain | 19,550 |
| PCR | 0.82 |
| BANK NIFTY Max Call OI | 45,000 |
| BANK NIFTY Max Put OI | 45,000 |
| Max Pain | 45,000 |
| PCR | 0.84 |
⭐ Dixon Technologies shares surges
Shares of the electronic manufacturing services company rose 3.6% yesterday. The open interest of its August futures contract also increased 14.7%, signalling a long build up. Meanwhile, experts have said that tech imports curbs and the PLI scheme will aid the growth of domestic electronic manufacturers.
⭐ Hero Motocorp in the fast lane
Shares of the two-wheeler maker surged 3.9% on Tuesday. It has received more than 25,000 bookings for the Harley-Davidson X440 model. Meanwhile, the open interest of its August futures contract dropped 7.6%, indicating a short covering.
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