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Based on the OI percentage, we have seen a long unwinding in 94 stocks, including GMR Airports Infrastructure, Coforge, Laurus Labs, BHEL, and Astral. A decline in OI and price indicates long unwinding.
A short build-up was seen in 62 stocks, including RBL Bank, Larsen & Toubro, Alkem Laboratories, IDFC First Bank, and LTIMindtree. An increase in OI along with a fall in price points to a build-up of short positions.
Based on the OI percentage, 54 stocks were on the short-covering list. These included State Bank of India, Axis Bank, Dr Reddy's Laboratories, Maruti Suzuki, and Hindustan Copper.
Escorts Kubota, BHEL, Dixon Technologies, IDFC First Bank, and AU Small Finance Bank were among the 50 stocks to see a long build-up. An increase in open interest (OI) and price indicate a build-up of long positions.
KUALA LUMPUR: Foreign investors maintained their net buying streak on Bursa Malaysia for the sixth consecutive week last week, with inflows amounting to RM52.7mil, according to MIDF Research.