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Brokerage firms remain selective on Indian equities. Nuvama maintains a Hold on IndiGo amid operational risks, while Morgan Stanley stays bullish on Aditya Birla Capital. Elara Securities highlights improving power demand with CESC, NLC India and NTPC as top picks.
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On January 7, futures open interest rose notably across five F&O stocks, contributing to a cumulative increase of over 10% compared with the previous session. A rise in futures open interest points to a build-up of active contracts, suggesting fresh positioning or expansion of existing positions by traders.
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The president also called on defence firms to increase production or face a crackdown on payouts.
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News and Media
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