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Based on the OI percentage, 58 stocks, including Mphasis, Indian Energy Exchange, Persistent Systems, Chambal Fertilizers, and Aarti Industries, saw a short build-up.
Based on the OI percentage, 53 stocks including Oracle Financial, India Cements, Indiabulls Housing Finance, Lupin and Deepak Nitrite saw long buildups.
A bounce is expected in the market during the week. For the Nifty, hurdle is at 18,650-18,850, while immediate support is seen at 18,400-18,300, Nagaraj Shetti of HDFC Securities has said
India's growing significance as an alternative to China has incentivised investors to shift their focus towards the opportunities that India presents
Based on the OI percentage, 51 stocks were on the short-covering list. These included Indian Hotels, Mahanagar Gas, Sun Pharmaceutical Industries, Indus Towers, and Sun TV Network.