Expect Larsen & Toubro to move higher: Hemant Thukral

Hemant Thukral of Aditya Birla Money told CNBC-TV18, "We like Larsen & Toubro (L&T). The total open interest addition in L&T yesterday was 26 percent, but current series open interest addition is only 6 percent. Remaining 20 percent has been added up in the next series. The cost of the next series, which means the premium in the cash future increased. So clearly people are making bullish positions even going forward."

"So, what we expect is that in next three days, which are next three days to expiry, we expect this run of L&T to continue," he added.