Force Motors Sees Significant Rise in Futures Open Interest

Force Motors Sees Significant Rise in Futures Open Interest

Five stocks in the NSE F&O pack saw a notable rise in futures open interest.

On April 23, there was a notable surge in futures open interest for five stocks in the NSE F&O pack, contributing to a total increase in open interest of over 9% compared to the previous trade. This uptick signifies substantial growth in the number of active, unexpired futures contracts in specific securities.

The increase reflects a growing number of participants either initiating new positions or expanding existing ones within the futures market. The open interest figures include: 52,57,450 with a change of 5,65,400 (12.05%); 1,84,275 with a change of 19,725 (11.99%); 4,29,48,500 with a change of 41,34,375 (10.65%); 30,29,475 with a change of 2,91,400 (10.64%); and 96,16,500 with a change of 8,31,500 (9.46%).

Source: https://economictimes.indiatimes.com/markets/stocks/news/force-motors-among-5-fo-stocks-with-a-sharp-rise-in-futures-open-interest/oi-surge-continues/slideshow/130482730.cms

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