Vishal Mega Mart among 7 F&O stocks with a sharp rise in futures open interest

As of June 16, nine stocks in the NSE F&O pack, including Vishal Mega Mart, recorded a notable surge in futures open interest, pushing the overall open interest up by over 6 percent compared to the previous session. A sharp rise in futures open interest indicates growing participation in derivative positions, with traders either initiating new trades or expanding existing exposures. The development reflects increased speculative or hedging activity in these counters.