NOCIL has outperformed on bourses and is expected to outperform frontline indices, owing to its expansion plans along with ramp-up in capacity utilisation, robust volume growth on the back of a pick-up in demand of the tyre industry as well as expansion of margin with a focus on specialised rubber chemicals.  

How often do you see the stock of M&M slipping by more than 4 per cent especially when Sensex is up by 1 per cent, making fresh life-highs for itself? One might assume that there must be something seriously wrong with the stock to behave in such a manner!

Nippon Life India Asset Management (NAM) was amongst the top mid-cap gainers during Monday’s trading session. The stock gained by more than 6 per cent on a closing basis even as Sensex was up by only 1 per cent.   

On the options' front, massive open interest addition is seen at 15,400 Put option strike as today itself 15,400 Put option added over 30 lakh shares in the open interest. The 15,500 Put option has also seen more than 15 lakh shares in the open interest.

The stock is trading near the level that was seen in the latter part of March 2021. The stock has also witnessed an addition of 9.12 per cent in the open interest.

In the futures segment, the top gainers are Mindtree, PNB and Petronet. On the other hand, the top losers are Berger Paints, Manappuram Finance and Cummins India.   

On the options' front, the Put option base shifted from 15,000 to 15,200 Put option strike. As in today’s session, more than 28 lakh shares were added to the open interest in the 15,200 Put option. With this, the total concentration in 15,200 Put option surpassed 60 lakh shares in the open interest. 

A majority of the stocks in the media sector was trading in the green but only one stock has garnered a lot of interest and that is- Dish TV, which got locked at the upper circuit. With this, it registered a fresh five-month high. Furthermore, the stock has also recorded the highest volume since December 2019.   

On the options’ front, the 15,200 Put option strike has seen addition of nearly 19.16 lakh shares and the maximum open interest concentration on the put side stands at 15,000 strike. 

Motilal Oswal, Torrent Power, and Adani Transmission shine in the mid-cap space while Thangamayil Jewellery, IIFL securities and Butterfly Gandhimathi sizzled in the small-cap space.