6 counters in which traders have formed long positions since the start of July expiry

Indian equities are expected to open higher with the Sensex likely to hit fresh lifetime highs. Since the start of July F&O expiry, traders have formed bullish positions in the following stocks.

Since the beginning of the July expiry, barring few counters, the majority of the underline securities have witnessed short covering or long build-up activity, indicating a positive bias for the markets. Tracking the global cues, all the Asian indices along with the US indices have witnessed an upward momentum, hinting a follow-up action by the Indian equities getting into today's trade. With an expectation of the indices retesting the new highs, traders have created fresh long positions in the following counters since the start of July F&O expiry:

Since Expiry
Underline	OI	% OI Chg	% Price Chg	% Rollover
NIFTY	266.4	39.0	3.9	8.0
BANKNIFTY	23.4	19.6	2.6	7.0
ADANIENT	340.1	165.6	30.0	35.9
BATAINDIA	42.6	79.6	0.03	5.9
RBLBANK	64.8	67.1	3.6	5.9
ADANIPOWER	1572.2	54.4	31.3	48.9

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