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Market move● Neutral for Max Healthcare
Max Healthcare Institute among 3 F&O stocks with a sharp rise in futures open interest
The brief
- Three NSE F&O stocks recorded futures open-interest increases above 7% on September 30
- Higher futures positioning may increase near-term volatility in Max Healthcare shares
- Hospital stocks extend losses as drug-pricing regulation concerns linger; Apollo, Max among top Nifty losers
- Could Apollo, Fortis, Max Health Face A Profit Hit From Medicine Price Curbs? Jefferies, BofA, Macquarie Weigh In
- SC questions hospital drug mark-ups; hospital stocks fall up to 7%
- Hospital stocks fall after Supreme Court questions steep patient markups