ITC, NTPC, LIC Housing among 10 F&O stocks to watch ahead of June expiry

The Nifty PCR data suggests that the index may attempt a rally towards 23,700 level ahead of the June series expiry; On the downside, strong support is expected around 23,350 - 23,290.

With just three trading sessions to go for the June futures & options (F&O) expiry, stocks and index futures trading in F&O segment are likely to be in focus in the near-term given the expiry related obligations for squaring-off the positions or rolling-over to the next month series.

As such, the open positions (read open interest) and the corresponding options data plays a key role in determining the underlying stock and index trend in the near-term. The options data helps in understanding the traders sentiment, by way of open positions in Put and Call contracts - in