Apr 12, 2024, 11:14:52 AM IST
A long buildup occurs when there is an increase in open interest and trading volumes alongside a rise in the price of the underlying stock in the Futures and Options segment, indicating a bullish trend in the market. In Friday's trading session, five stocks experienced a buildup of fresh long positions. Here's the list:
iStock
OI change on April 12: 3.83%Change in stock price: 1.65%
3/6
Buy Petronet LNG at Rs 266-262
Change in stock price: 3.77%
ETMarkets.com
4/6
Glenmark Pharmaceuticals
Agencies
OI change on April 12: 1.54%Change in stock price: 2.13%Agencies
OI change on April 12: 0.76%Change in stock price: 2.0%ETMarkets.com