F&O insights for the day: A must have insight for market participants!

What matters for the market participants is that there should be a trending move so that they can capitalise on it by riding the trend!  

Nifty has lost more than half a per cent in the first hour of the trading session; blame it on the global cues that the markets are seeing such an awful period. However, what matters for the market participants is that there should be a trending move so that they can capitalise on it by riding the trend!   

The advance-decline ratio for futures is evenly poised with a slight edge to declines as 77 stock futures have declined while 76 have advanced.   

Fertiliser sector shows maximum long built-up while banking sector shows maximum short built-up. Technology sector stocks witness maximum short-covering while the media sector shows maximum long unwinding.   

The top five stocks witnessing long built-up are: Metropolis, Mphasis, Marico, Muthoot Finance and AU Small Finance Bank. Meanwhile, Metropolis & Mphasis have seen more than 10 per cent addition in the open interest.    

Besides, Colgate Palmolive (India), ICICI Lombard General Insurance Company, Bosch, Alkem Laboratories & Hindustan Petroleum Corporation are the top five stocks that are witnessing long unwinding.   

Top five stocks witnessing short built-up are: Eicher Motors, L&T Technology Services, Trent, Indian Oil Corporation & BHEL.   

The top five stocks witnessing short covering include Godrej Consumer Products, Bharat Electronics, Shriram Transport Finance Company, PI Industries & Escorts.