Five NSE F&O stocks recorded more than 7% rise in futures open interest

StockEdge F&O scan data as of October 23 showed that five stocks in the NSE F&O segment recorded rises of more than 7% in futures open interest, with FSN E-Commerce Ventures among them. The scan listed FSN's open interest at 4,53,15,625, but the increase in open interest does not establish the direction of those positions.

FSN E-Commerce Ventures recorded a 10.88% rise in open interest

FSN E-Commerce Ventures had futures open interest of 4,53,15,625, according to StockEdge F&O scan data. Its open interest increased by 44,46,875, or 10.88%, compared with the previous trading session.

Godfrey Phillips India recorded a 10.88% rise in open interest

Godfrey Phillips India had futures open interest of 16,42,300, StockEdge F&O scan data showed. The increase from the previous trading session was 1,61,150, or 10.88%.

CG Power and Industrial Solutions recorded a 10.06% rise

CG Power and Industrial Solutions had futures open interest of 2,51,08,150, according to StockEdge F&O scan data. Its open interest increased by 22,94,150, or 10.06%, compared with the previous trading session.

Ujjivan Small Finance Bank recorded an 8.6% rise

Ujjivan Small Finance Bank had futures open interest of 5,20,48,000, the StockEdge F&O scan showed. The figure increased by 41,20,000, or 8.6%, compared with the previous trading session.

Siemens Energy India recorded a 7.96% rise

Siemens Energy India had futures open interest of 9,06,150, according to StockEdge F&O scan data. Its open interest increased by 66,850, or 7.96%, compared with the previous trading session.

The scan covered five stocks above the 7% threshold

StockEdge F&O scan data showed that all five stocks recorded increases of more than 7% in futures open interest compared with the previous trading session. The scan described open interest as the number of active, unexpired futures contracts in a security.

StockEdge F&O scan data said the increase may reflect participants initiating new positions or increasing the size of positions already held. The open-interest figures do not establish whether the increased positions were in one direction or the other.