Stay updated with breaking news from Fund Flow. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
KUALA LUMPUR, Aug 21 — Foreign investors continued their buying streak on Bursa Malaysia for the sixth consecutive week, with inflows amounting to RM52.7 million last week. In...
Based on the OI percentage, 81 stocks were on the short-covering list. These included ITC, Granules India, Ipca Laboratories, Lupin, and Atul. A decrease in OI along with a price increase is an indication of short-covering.
A short build-up was seen in 61 stocks, including Manappuram Finance, Metropolis Healthcare, United Breweries, HDFC Asset Management Company, and Larsen & Toubro. An increase in OI along with a fall in price points to a build-up of short positions.
Escorts Kubota, Punjab National Bank, IDFC First Bank, Bandhan Bank and Federal Bank were among the 26 stocks to see a long build-up. An increase in open interest and price indicate a build-up of long positions
A short build-up was seen in 63 stocks, including InterGlobe Aviation, Hindustan Copper, Coforge, Muthoot Finance, and SAIL. An increase in OI along with a fall in price points to a build-up of short positions.