Five stocks witnessing short covering

Five stocks witnessing short covering

Avalokita Pandey
/ Categories: Trending, Mindshare

Short covering refers to buying back borrowed securities in order to close out an open short position at a profit or loss.

The market opened in the green on the fourth trading session of the week. At 11.36 am, Sensex was trading at 59,727.37, up by 0.91 per cent while Nifty was at 17,806.20, up by 0.91 per cent.

Titan, Mahindra & Mahindra, and Maruti emerged as the top three gainers today, inching higher by 9.38 per cent, 4.39 per cent & 4.09 per cent, respectively.

Meanwhile, the top three losers include Axis Bank, Dr Reddy’s Laboratories, and HDFC, which tanked 0.48 per cent, 0.25 per cent & 0.24 per cent, respectively.

 

List of the stocks where sell positions are being covered in the F&O segment:

Symbol

Expiry date

         LTP

Per cent change

OI change per cent

MRF

                    Oct 28

             80,699.55

                          2.61

                        -2.31

RAMCOCEM

                    Oct 28

                   1,018.1

                          1.82

                        -2.21

GRANULES

                    Oct 28

                    328.00

                          1.94

                        -1.94

MARICO

                    Oct 28

                    567.75

                          0.34

                        -1.71

IGL

                    Oct 28

                    523.35

                          1.14

                        -1.63

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