Stay updated with breaking news from Ipca Laboratories. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Based on the OI percentage, a total of 60 stocks were on the short-covering list. These included Godrej Properties, Eicher Motors, Bharat Forge, Balkrishna Industries, and Divis Laboratories.
In terms of levels, immediate resistance for Nifty 50 is notable at 22,800, a significant level on higher time frames, with further resistance observed at 23,170 and 23,400.
A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security.
A short build-up was seen in 68 stocks, including IndiaMART InterMESH, Vodafone Idea, DLF, Federal Bank, and Hindustan Petroleum Corporation
A short build-up was seen in 69 stocks, including Nestle India, Kotak Mahindra Bank, DLF, Deepak Nitrite, and Godrej Properties.