SAIL among 4 F&O stocks with a sharp rise in futures open interest
NSE moved higher with October 9 in focus.
· Economic Times Markets
Four NSE F&O stocks saw futures open interest rise over 7% on October 9, led by Ujjivan Small Finance Bank at 27.65%, signalling increased market positioning.
Key facts
- Dates in focus
- October 9
The analysis
NSE reported movement of 7% and 27.65%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +0.2% on the day at ₹171.86, and has returned +3.4% over three months. It sits 17% below its 52-week high.
For Steel Authority of India, the question is how much of this is already reflected in the price and how much re-rates the metals & mining peer set alongside it.
Why it matters
- With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The company directly in focus is SAIL.
- Sector exposure: Metals & Mining.
In this story
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