As of January 6, there was a notable surge in futures open interest for nine stocks in the NSE F&O pack, contributing to a total increase in open interest of over 15% as compared to the previous trade. A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security. This uptrend reflects an increasing number of participants either initiating new positions or expanding the size of their existing positions within the futures market.
RBI likely to hold rates as West Asia crisis impact on growth remains unclear: Bank of Baroda Report
The Reserve Bank of India is expected to hold interest rates steady on Friday, according to Bank of Baroda. The central bank will likely maintain