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 domestic benchmark indices opened in the positive territory on the last trading day of the week. At 11.55 am on Friday, Sensex was up by 0.62 per cent at 60,050.21 while Nifty was at 17,894.55, up by 0.59 per cent.

Tata Consultancy Services (TCS), Infosys, and Tech Mahindra emerged as the top three gainers today, inching higher by 2.07 per cent, 1.91 per cent & 1.79 per cent, respectively.

Meanwhile, NTPC, Hindustan Unilever, and Titan turned out to be the top three losers, which plunged 1.44 per cent, 0.94 per cent & 0.60 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

COROMANDEL

                    Oct 28

                    864.00

                          0.59

                        -3.27

ONGC

                    Oct 28

                       162.3

                          0.74

                        -1.96

ASHOKLEY

                    Oct 28

                    136.05

                          0.04

                        -1.62

TVSMOTOR

                    Oct 28

                       562.3

                          0.32

                        -1.19

M&M

                    Oct 28

                    880.55

                          0.14

                        -1.13

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