Good morning!☕🗞️
Check out the open interest of the Nifty50, Bank Nifty and F&O stocks that are making the headlines ⤵️
Options setup (Expiry: 6 July)
| Nifty50 Max Call OI | 19,500 |
| Nifty50 Max Put OI | 19,300 |
| Max Pain | 19,350 |
| PCR | 1.32 |
| Bank Nifty Max Call OI | 45,500 |
| Bank Nifty Max Put OI | 45,000 |
| Max Pain | 45,200 |
| PCR | 1.08 |
⭐ Maruti Suzuki in the fast lane
Shares of the automaker rose 3.5% on Wednesday as it launched a new seven-seater model. Against this backdrop, the open interest of its July futures contract also rose 2.9%, indicating a long build up.
⭐Motherson shares zoom
Shares of the automotive component maker rose 6.1% yesterday. The company’s arm has entered into an agreement to buy 81% stake in Japan-based Yachiyo’s 4W business. Meanwhile, Samvardhan Motherson July futures contract’s open interest increased 7.6%, signalling a long build up.
⭐ Dixon Technologies shares fall
Shares of the electronic manufacturing services company declined 3.5% on Wednesday. Analysts state that the weakness in demand for discretionary products in the domestic market doesn’t bode well for the company. Meanwhile, the open interest of its July futures contract rose 15.8%, indicating a short build up.
Disclaimer:
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