Five stocks witnessing short covering
Short covering refers to buying back borrowed securities in order to close out an open short position at a profit or loss.
Sensex and Nifty opened the first trading session of the week on a strong note. At 11.34 am, Sensex, as well as Nifty, were seen trading in the positive territory, inching higher by 0.66 per cent & 0.68 per cent at 60,137.95 and 17,934.40 levels, respectively.
The top three gainers of the day include Maruti, Infosys, and ITC, which soared 3.47 per cent, 2.75 per cent & 1.83 per cent, respectively. On the other hand, Wipro, Asian Paints, and Nestle turned out to be the top three losers, which slipped 2.21 per cent, 1.15 per cent & 0.80 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
|
|
TITAN
|
Jan 27
|
2,590.00
|
0.53
|
-2.6
|
|
ITC
|
Jan 27
|
223.6
|
1.89
|
-1.96
|
|
POLYCAB
|
Jan 27
|
2,500.3
|
0.66
|
-1.94
|
|
DELTACORP
|
Jan 27
|
279.45
|
0.47
|
-1.56
|
|
MFSL
|
Jan 27
|
1,067.05
|
2.96
|
-1.44
|