What is F&O?
Futures and Options (F&O) are derivative contracts traded on the stock market.
Futures contracts involve an agreement to buy or sell an asset at a fixed price at a future date, while Options give the right, but not the obligation, to buy or sell an asset at a predetermined price before or on the expiration date.
Stock Market Today
Sensex closed at 76,295.36, down by 0.42%, while the Nifty ended at 23,250.10, losing by 0.35%, driven by positive market sentiment. as the pharma, PSU Bank, and healthcare sectors led the market’s gains.
Nifty: 23,250.10 [-82.25] -0.35%
Sensex: 76,295.36 [-322.08] -0.42%
Contracts with high open interest:
Open interest refers to the total number of outstanding futures or options contracts that have not been settled. High open interest indicates strong market participation and liquidity. It reflects the level of trader interest in a particular contract.
- Persistent Systems Limited: 62.01%
- Dabur India Limited: 55.68%
- KPIT Technologies Limited: 54.17%
- PNB Housing Finance Limited: 53.65 %
- Coforge Limited: 41.93%
Top gainers in F&O today:
Top gainers in F&O are the futures or options contracts with the highest percentage increase in value during the trading session. These contracts indicate strong positive momentum and increased demand.
- IDFC First Bank Ltd: 5.59%
- AU Small Finance Bank Ltd: 4.94%
- GMR Airports Ltd: 4.93%
- Power Grid Corporation of India Ltd: 4.24%
- Lupin Ltd: 4.08%
Top losers in F&O today:
Top losers in F&O are the futures or options contracts that have recorded the highest percentage decrease in value during the trading session. These contracts reflect negative sentiment and selling pressure in the market.
- Persistent Systems Ltd: -9.93%
- KPIT Technologies Ltd: -8.25%
- Coforge Ltd: -8.04%
- Dabur India Ltd: -5.95%
- Page Industries Ltd: -5.05%
Most active contracts: (Value in Rs Lakh)
Most active contracts (value) are the futures or options contracts with the highest total trading value during the session. High trading value indicates strong market interest and higher liquidity in these contracts.
- NIFTY: 1,199,653.74
- BANKNIFTY: 664,615.73
- Bajaj Finance Ltd: 309,015.05
- HDFC Bank: 199,885.67
- Infosys Ltd: 165,854.39
Long Build up
Highest open interest (OI) change % refers to the futures or options contracts with the highest percentage increase in open interest. A rise in OI often signals increased trading activity and growing market interest in the contract.
Symbol | Last Price | Change Percentage | Increase Percentage |
IDFC First Bank Limited | 60.75 | 5.52% | 10.50% |
Yes Bank Limited | 18.05 | 3.50% | 1.57% |
Bank of Baroda | 238.9 | 2.61% | 4.44% |
Union Bank of India | 132.35 | 3.33% | 9.07% |
Power Grid Corporation of India Limited | 300.15 | 4.16% | 5.98% |
Short Build up
Lowest open interest (OI) change % refers to the futures or options contracts with the lowest percentage change in open interest. Low OI change suggests reduced market participation or a lack of interest in the contract.
Symbol | Last Price | Change Percentage | Increase Percentage |
Tata Motors Limited | 656.75 | -2.78% | 6.23% |
Wipro Limited | 255.45 | -3.11% | 4.72% |
Samvardhana Motherson International Limited | 129.53 | -2.34% | 2.51% |
Dabur India Limited | 468 | -5.86% | 16.55% |
Mahindra & Mahindra Financial Services Limited | 266.3 | -0.67% | 13.19% |
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.