FII’s Big Play: Spotlight on High Delivery NSE F&O Stocks with Over 1% Gains on 31st May, 2023.
What if I told you there’s an uncanny correlation between stocks with higher delivery quantity and their financial performance? Wouldn’t you want to dive deep into this thrilling chase of numbers? Buckle up, stock market enthusiasts, as we unveil the enigma of NSE F&O stocks that not only came in the “Higher Delivery Quantity” scan but also saw the most FII buying for the month. More so, they even closed above 1%!
In the buzzing bazaar of Indian stocks, it’s critical to stay updated with the latest movements and trends. Today, we’re zeroing in on the National Stock Exchange’s Futures & Options (F&O) segment stocks that have come under our scan for a higher delivery quantity.
Today is especially exciting as the Foreign Institutional Investors (FIIs), the big players in our market, made the most significant purchases for the month in value terms. We’ve filtered out the F&O stocks from this high delivery list that closed above 1%, making them potentially rewarding picks. Let’s dive right in!
The High Delivery Showstoppers
Below is a list of some F&O stocks that closed with a gain of over 1% on 31st May 2023, registering higher delivery quantities:
Banking Sector
- Kotak Mahindra Bank Ltd. (KOTAKBANK) – The private banking giant delivered 61,186,415 shares at a whopping 20.40 times the average quantity, closing at 2014.35 with a 2.01% change.
Crude Oil
- Bharat Petroleum Corporation Ltd. (BPCL) – A key player in refineries, BPCL delivered 9,468,365 shares, 16.12 times the average. The stock closed at 363.50 with an 0.86% change.
- Hindustan Petroleum Corporation Ltd. (HINDPETRO) – Delivering 7,354,993 shares, 12.51 times the average, this stock ended the day at 260.90 with a 1.56% change.
FMCG Sector
- Britannia Industries Ltd. (BRITANNIA) – The popular FMCG stock delivered 1,264,713 shares, about 8.77 times the average quantity, and closed at 4657.05 with a 1.83% change.
Healthcare Sector
- Torrent Pharmaceuticals Ltd. (TORNTPHARM) – With a remarkable 7.13% change, this healthcare behemoth delivered 2,010,811 shares, 9.61 times the average quantity, and closed at 1835.80.
Hospitality
- The Indian Hotels Company Ltd. (INDHOTEL) – This hospitality stock delivered 13,362,555 shares and closed at 389.70 with a 1.10% change.
Capital Goods
- Havells India Ltd. (HAVELLS) – This electric equipment giant delivered 1,426,234 shares, about 8.50 times the average quantity, and closed at 1307.95 with a 1.52% change.
Parading Down the Bullish Street: Part II”
The Show Must Go On
Shining our spotlight next on the undying spirit of ICICI Bank Ltd. (ICICIBANK), which ended the day 1.23% above the previous close. These strong market players are clearly doing something right, with a delivery percentage of 2.71 times the average. Did someone say “Banking sector for the win?”
Not too far behind, Kotak Mahindra Bank Ltd. (KOTAKBANK) also exhibited promising performances. Closing the day with a 2.01% increase, the bank held a 20.4 times higher delivered quantity. It appears the private banking sector is steadfast in its dedication to keeping the bullish parade alive.
Petronet LNG Ltd. (PETRONET), a name that rules the Industrial Gases & Fuels industry, also brought a glimmer of positivity with a close of 0.69% higher. Their delivered quantity marked an impressive 9.15 times the average, an undeniable force in the grand spectacle of market trends.
Feisty Performers
Let’s give a round of applause for the tenacious Can Fin Homes Ltd. (CANFINHOME), which closed at a 2.45% increase in the Finance – Housing sector. With a delivered quantity 8.81 times higher than the average, it is an inspiration to every underdog story out there.
Also, Britannia Industries Ltd. (BRITANNIA) deserves a special mention. This FMCG sector titan managed to close with a 1.83% increase, making it one of the most delectable performances of the day. Their delivered quantity was 8.77 times the average, truly a cherry on top of this delightful market mélange.
The Crescendo
Last but not least, let’s hear it for Havells India Ltd. (HAVELLS) and The Indian Hotels Company Ltd. (INDHOTEL), who’ve shown some remarkable resilience. While Havells closed at a 1.52% increase, Indian Hotels followed closely with a 1.10% rise. Their delivered quantities were 8.50 and 7.50 times the average, respectively, presenting a splendid finale to our parade.
We must also give a nod to our rising star, Escorts Kubota Ltd. (ESCORTS). This Automobiles-Tractors giant had an astounding 3.40% rise in their closing price, coupled with an impressive delivery quantity that is 4.49 times their average.
Conclusion
A
Remember, these are F&O stocks, and they come with their own set of considerations and risks.
Stay tuned for more insights, and happy investing!
Data Source: National Stock Exchange, as of 31st May 2023.