In Thursdays trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached that whether the stock has seen a buildup of fresh long position or not.
Trent saw stock pricing dipping up by 2.19%, and the open interest saw an increase of 0.78%. BPCL stock price dropped by 2.17%, and open interest saw a rise of 6.09%.
Andrew Holland, CEO of Avendus Capital Alternate Strategies, believes that PSU banks are performing well while private banks face challenges. He also comments on the rotational market, pharma and IT sectors, OMCs, metal stocks, and the global market dynamics. He also says, he likes metal stocks a lot, That is an area which will see continued rise over the course of the next month.