Hemant Thukral of Aditya Birla Money said today, "We are recommending Bharti Airtel for two reasons. One, 8 percent open interest addition yesterday. It is more interesting that out of that 8 percent, 6 percent is in July series. As a result, the July rollover figures look very attractive."

He further added, "The stock has already shown a rollover of 57 percent and its last six months average of T-2 is only 38. So, already a big jump in the rollovers suggest that the buying interest is coming back. The cost has gone up, that means the premium in the next month future is higher than this month. So, clearly telling that long positions are getting into the system."

Also Read:

Bimal Jalan; Inflation targeting can't work in India

Rupee slides 6 paise to 64.59 in early trade

Rupee climbs 11 paise against USD today