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Moneycontrol India :: News :: Tata Tele adds 60 lakh shares in open interest :: :: F&O Cues :: Nifty future
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Tata Tele adds 60 lakh shares in open interest
2008-05-05 17:55:36 Source : CNBC-TV18
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CNBC-TV18's Head-Markets Research, Anuj Singhal- 

 

Things turned quite volatile in the last hour of trade, so you did see a bit of pickup in the Nifty future volumes towards the end. You could have seen some positions being kept for next day so that’s what actually lifted the volume slightly.

 

But the Nifty futures we saw through the day, the premium was about in the teens and it ended also at about 13 points premium. Rs 9,000 crore turn over again. It threatened to be at around Rs 7,500 crore or so because of the last hour volatility that picked up a bit in about Rs 9,000 crore.

 

In individual stocks Tata Tele Maharashtra was clearly the stock of the day, it saw a fair bit of open interest build up nearly 60 lakh shares getting added in open interest.

 

Allahabad Bank which saw a build up of nearly 10 lakh shares best at about 20% open interest build up in a single day.

 

Unitech had a good session in fact all the real estate stocks. Unitech saw a build up of nearly 9 lakh shares and Hindustan Constructions ended at almost a day’s high and that stock saw a fair bit of open interest cut in today’s trade as well, of nearly 2 lakh shares.

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