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 | 18,750 |
| PCR | 0.78 |
| Bank Nifty Max Call OI | 44,000 |
| Bank Nifty Max Put OI | 43,500 |
| Max Pain | 43,700 |
| PCR | 0.70 |
⭐MCX shares fall
Shares of the commodity exchange dropped 1.9% on Monday. The open interest of its June futures’ contract also dropped 8.5%, indicating a long unwinding. Meanwhile, experts state that the uncertainty over migration to its new platform is a concern.
⭐ Bank of Baroda crosses ₹1 lakh crore-mark
Bank of Baroda became the country’s second public sector bank to cross ₹1 lakh crore market cap on Monday. Shares of the state-owned bank rose 3% yesterday. And the open interest of the June futures’ contract also increased 1.7%, indicating long build up.
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