Tata Communications is a leading telecom company helping businesses power hyperconnected ecosystems. It is present in over 190 countries around the world, company data stated. The stock witnessed price-wise correction, which took it towards the 1,500 level in October 2023. It bottomed out above 1,500 and started inching higher.
On the weekly options front, the maximum Call OI is placed at 22,000 strikes and then towards 21,800 strikes while the maximum Put OI is placed at 21,000 strikes and then towards 21,400 strikes.