Relevant for Exams
7 NSE F&O stocks, including Axis Bank, show rising open interest; low relevance for exams.
Summary
Seven stocks in the NSE F&O segment, including Axis Bank, experienced a sharp rise in futures open interest as of December 16, indicating increased derivatives activity and fresh positions. This reflects daily market dynamics and trader participation. For competitive exams, such short-term stock market movements are generally of low direct relevance, which typically focus on broader economic policies, regulatory frameworks, or significant financial indicators.
Key Points
- 1As of December 16, seven stocks in the NSE F&O segment recorded a sharp rise in futures open interest.
- 2Notable stocks included Axis Bank, Jubilant FoodWorks, Mankind Pharma, HDFC AMC, Bharat Dynamics, Piramal Pharma, and PB Fintech.
- 3Rising futures open interest signifies increased derivatives activity and the creation of fresh trading positions.
- 4Open Interest (OI) measures the total number of outstanding derivative contracts that have not yet been closed or settled.
- 5This news details short-term stock market derivative movements, which are typically not direct subjects for competitive exams focused on broader economic and policy understanding.
Full Article
Seven stocks in the NSE F&O segment witnessed a sharp rise in futures open interest as of December 16, signalling increased derivatives activity. Axis Bank, Jubilant FoodWorks, Mankind Pharma, HDFC AMC, Bharat Dynamics, Piramal Pharma and PB Fintech recorded notable OI gains, reflecting fresh positions and expanding trader participation.