Top open interest gainers and losers on Wednesday

The open interest and share prices of Godrej Consumer Products, Infibeam and Wockhardt Pharma have witnessed short built up positions.
 
Meanwhile, Cummins India and Balrampur Chini Mills have witnessed long build up positions during Wednesday’s intra-day trade.
          
Following were the top five open interest gainers:



Balrampur Chini Mills traded on its new 52-week high of Rs 170.70 per share.
 
There were 744 advances, 832 declines and 394 unchanged stocks, indicating a negative undertone floating in the market.
 
Sectoral indices on NSE were trading with mixed sentiments wherein Nifty FMCG and Nifty Metal are the major losers and Nifty PSU Bank is the top gainer.
 
As for the top open interest losers on Wednesday, the open interest of Cholamandalam Investment & Finance Company and Jaiprakash Associates have witnessed long unwinding positions during Wednesday’s trade.
 
Meanwhile, Indian Bank, Allahabad Bank and Tech Mahindra have witnessed short covering positions.
  
Following were the top five open interest losers:



Sectoral indices on the BSE were trading with mixed sentiments wherein Capital Goods and FMCG indices were losing and Telecom and Utilities indices are gaining the most.
 
Meanwhile, BSE Sensex lost 17 points or 0.05% at 32,557 level and Nifty slipped 15 points at the 10,099 level.