Finance, Reliance Group stock futures witness surge in interest

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Mid-cap stocks are in momentum in the March series as they have seen significant addition in open interests. While shares of Anil Ambani’s Reliance Group companies trading in stock futures have risen 6-19% so far in the March series, shares of finance companies are also witnessing high open interests. The BSE MidCap index has gained 6.7% in the last two weeks, while the Sensex has gained 3% during the same period. ET takes a look at five stocks which are gaining momentum in the new derivatives series and their outlook for the near term: