Stock futures added 7.2 crore shares in open interest, OI on April 08, 2009 (Wednesday). In Nifty futures, FIIs remained net buyers to the tune of Rs 909.6 crore wherein Open Interest surged by 41,654 contracts.

Reliance Industrial Infrastructure was the best performer on Wednesday. It gained 46% and its Open interest (OI) doubled to 3.5 lakh shares. The stock climbed up 93% in 2 trading sessions.

Stock futures on April 08 appended 7.2 crore shares in open interest.

Foreign Institutional Investors (FIIs) were net buyers in the equity segment worth Rs 909.6 crore in Nifty futures on April 8.

The Open Interest went up by 41,654 contracts. But, they net sold Rs 636.8 crore in Stock Futures in which Open Interest remained up by 9,799 contracts.

The Nifty April futures appended 27 lakh shares in OI and marked their closure with 12.5 points premium as against 4 points premium a day ago.

Nifty 3300 put added up 8.6 lakh shares in OI and Nifty 3500 call appended 6.4 lakh shares in Open Interest.

The discount of Unitech reduced to 0.2 points, and the stock surged 7% and its futures zoomed up by 8.5%. Its futures Open Interest was up by 10%.

The arbitrage positions were seen in Ispat and SCI. Ispat gained 8.3%, but its cost of carry, CoC was down and futures Open Interest was up by 8%.

On the other hand, SCI stock surged 3.4% whereas its CoC remained weak. Its futures open interest was up by 78%.

On Wednesday, fresh long positions were seen in NTPC, which climbed up 6.6%. Its CoC was up as well and futures Open Interest was up by 11%.

The star performer on Wednesday was Reliance Industrial Infrastructure, which zoomed 46% and its open interest (OI) increased two fold to 3.5 lakh shares. The stock went up 93% in 2 days.