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Check out the open interest of the NIFTY50, BANK NIFTY and F&O stocks that are making the headlines ⤵️
Options setup (Expiry: 20 July)
| NIFTY50 Max Call OI | 20,000 |
| NIFTY50 Max Put OI | 19,600 |
| Max Pain | 19,700 |
| PCR | 1.25 |
| BANK NIFTY Max Call OI | 45,500 |
| BANK NIFTY Max Put OI | 45,000 |
| Max Pain | 45,400 |
| PCR | 0.98 |
⭐ Polycab soars on upbeat Q1
Shares of Polycab India surged 5.9% on Tuesday. This comes after it reported 81% year-on-year growth in net profit, driven by strong performance of wires and cables business. In the light of this, its July futures contract's open interest rose 26.6%, indicating a long build up.
⭐ Infosys rises on deal win
Shares of the IT company rose 3.7% yesterday. Infosys has signed a deal with an existing client to provide artificial intelligence and automation services. The client’s total target spend is $2 billion. Against this backdrop, the open interest of Infosys July futures was up 4.8%, signalling a long build up.
Disclaimer:
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