Finance1 min read

Data Patterns among 4 F&O stocks with sharp rise in futures open interest

By · Published by Everything Blog

In short

Increased derivatives activity signaled sharp positioning shifts across both manufacturing and banking stocks on the National Stock Exchange. Data Patterns (India) experienced the most dramatic percentage expansion, closely trailed by strong contract additions in Coromandel International. PI Industries saw the largest absolute volume increase by adding nearly two million contracts, while Karur Vysya Bank also cleared the twenty percent threshold.

Key points

  • Exactly four National Stock Exchange F&O stocks recorded open interest spikes greater tha…: Exactly four National Stock Exchange F&O stocks recorded open interest spikes greater than 20% on November 5.
  • Open interest expansion measures the accumulation of active contracts without specifying…: Open interest expansion measures the accumulation of active contracts without specifying directional market sentiment.
  • Karur Vysya Bank registered the smallest qualifying increase among the group with a 20.25…: Karur Vysya Bank registered the smallest qualifying increase among the group with a 20.25% rise.

Sources checked by our analysis pipeline: 1

As of November 5, four stocks in the NSE F&O segment recorded an increase of more than 20% in futures open interest compared with the previous trading session, according to StockEdge F&O scan data.

Open interest refers to the total number of active, unexpired futures contracts in a security. A significant increase indicates that market participants are creating fresh positions or adding to their existing ones. However, open interest alone does not indicate whether the positioning is bullish or bearish.

IANS

2/5

Data Patterns (India)

OI 3,47,375 | Change in OI 1,33,000 | Change in OI 62.04%

ETMarkets.com

3/5

Coromandel International

OI 2,17,200 | Change in OI 75,900 | Change in OI 53.72%

ETMarkets.com

4/5

PI Industries

OI 69,61,350 | Change in OI 19,87,900 | Change in OI 39.97%

ETMarkets.com

5/5

Karur Vysya Bank

OI 22,73,850 | Change in OI 3,82,850 | Change in OI 20.25%

Finance