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Top Shares in Open Interest

This article was posted on Dec 9, 2009 and is filed under Market News

Open Interest: It is the total number of options and/or futures contracts that are not closed or delivered on a particular day.

By monitoring the changes in the open interest figures at the end of each trading day, some conclusions about the day’s activity can be drawn.

Increasing open interest means that new money is flowing into the marketplace. The result will be that the present trend ( up, down or sideways) will continue.

Top O/I Stocks
1. Idea adds 17 lakh shares in open interest
2. Tata Teleservices Maharashtra adds 10 lakh shares in open interest
3. Chambal Fertilizers adds 8 lakh shares in OI

Tags: daily open interest updates, live open interest, open interest tips, what is open interest

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