Good morning!☕🗞️
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 | 19,600 |
| PCR | 1.55 |
| BANK NIFTY Max Call OI | 45,500 |
| BANK NIFTY Max Put OI | 45,000 |
| Max Pain | 45,200 |
| PCR | 1.56 |
⭐ SBI shares rise
Shares of India’s largest public sector bank rose 3% yesterday. The rub-off effect of HDFC Bank’s robust Q1 performance was seen on bank stocks including the State Bank of India (SBI). Meanwhile, the open interest of SBI July futures contract rose 4.1%, indicating a long build up.
⭐ Zee Entertainment shares soar
Shares of the media company rose 7% on Monday. The company said that an interim committee has been formed to oversee operations as SEBI has barred on the MD and CEO. Against this backdrop, Zee Entertainment July futures’ open interest rose 2.5%, indicating a long build up.
Disclaimer:
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