These stocks are showing increase in open interest

As expected, the markets are showing volatility with a positive bias on the Budget day after the markets corrected for six straight sessions.  

Following stocks/indices are showing open interest built-up just before the Budget announcement -  

1.Bank Nifty  

2.SAIL 

3.BPCL 

4.IOC 

5.Idea 

6.IndusInd Bank 

7.LIC Housing Finance 

8.Cholamandalam Investment &Finance Company 

9.HDFC Bank 

10.PVR 

11.Aarti Industries  

12.SBI  

13.Canara Bank  

Rising open interest along with rising underlying stock prices indicate long built, often if backed with rising volumes in cash markets and augurs well for the bulls.