Page 14 - Fund Flow News Today

Based on the OI percentage, 75 stocks, including Alkem Laboratories, PI Industries, Escorts Kubota, MRF and Dixon Technologies saw long unwinding.

Coal India, Trent, Dr Reddys, ABB India and JK Cement were among the 61 stocks that saw a long build-up

A short build-up was seen in 51 stocks, including Delta Corp, Tata Chemicals, Torrent Pharmaceuticals, AU Small Finance Bank and Colgate Palmolive. An increase in OI along with a fall in price points to a build-up of short positions

Based on the OI percentage, 64 stocks were on the short-covering list. These included Bharti Airtel, Axis Bank, Laurus Labs, Torrent Pharmaceuticals, and Jubilant Foodworks. A decrease in OI along with a price increase is an indication of short-covering.

A short build-up was seen in 74 stocks, including Vedanta, RBL Bank, Godrej Properties, L&T Finance Holdings, and Berger Paints. An increase in OI along with a fall in price points to a build-up of short positions

Based on the OI percentage, 86 stocks including Hindustan Copper, Apollo Tyres, NTPC, Oracle Financial and Metropolis Healthcare saw long unwinding.

A short build-up was seen in 64 stocks, including Hero Motocorp, InterGlobe Aviation, DLF, Power Grid Corporation of India, and Maruti Suzuki India. An increase in OI along with a fall in price points to a build-up of short positions.

Page Industries, Delta Corp, Hindustan Copper, Astral and Siemens were among 85 stocks to see a long build-up. An increase in open interest and price indicate a build-up of long positions.

The Nifty needs to close above 19,800 for the uptrend to continue, while a slide below 19,500 can lead to profit booking, say experts. Maruti Suzuki, Power Grid Corporation and Adani Green are among the companies which will be in focus ahead of their quarterly earnings on July 31

Experts advised traders to wait for some consolidation or a decent price dip before considering aggressive long positions.