Good morning!☕🗞️
Check out the open interest of the Nifty50, Bank Nifty and F&O stocks that are making the headlines ⤵️
Options setup (Expiry: 22 June)
| Nifty50 Max Call OI | 18,800 |
| Nifty50 Max Put OI | 18,700 |
| Max Pain | 18,800 |
| PCR | 1.17 |
| Bank Nifty Max Call OI | 44,000 |
| Bank Nifty Max Put OI | 44,000 |
| Max Pain | 43,900 |
| PCR | 0.96 |
⭐ HDFC Life shares jump
Shares of the private life insurance company soared 5.8% on Friday. The management said that the life insurer’s market share has expanded in FY24 and expects higher policy sales in this month, according to reports. In the light of this, its June futures contract’s open interest increased 10.6%, indicating a long build up.
⭐ Ashok Leyland in the fast lane
Shares of the commercial vehicle zoomed 4.5% on Friday. Analysts believe that the company will gain market share due to expansion of its product portfolio and dealership network in South India. Against this backdrop, the open interest of its June futures contract rose 8.6%, indicating a long build up.
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