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Marico, NIIT Tech and Orient Bank witnesses long built up position

The markets are showing strong bullish undertone wherein Nifty is trading higher by 14 points at 9325 level and Sensex is trading at 30005 higher by 44 points.stock option

The broader market indices have been underperforming the major indices in the market. BSE Mid-cap index is trading lower by 0.86% at 14653 level, BSE Small-cap index is trading lower by 1.15% at 15203 level.

The Wipro is the stock in focus on Wednesday. The stock is the top open interest gainer in the Wednesday’s trading session. With rise in open interest and share price, the Marico, NIIT Technologies and Orient Bank are witnessing long built up positions whereas the Wipro and Cipla are witnessing short built up position.

Following are the top five open interest gainer in the post-lunch hours on Wednesday:

Stock Symbol     OI Change (%)     Share Price (%)
WIPRO     44.88     (0.47)
MARICO     43.64     1.94
NIITTECH     40.84     6.61
ORIENTBANK     39.77     2.09
CIPLA     38.54     (0.51)