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.

Sensex and Nifty opened the third session of the week on a strong note. At 11.53 am, Sensex was trading at 61,135.64 levels, up by 0.86 per cent while Nifty climbed 0.79 per cent to be at 18,198.60 levels. 

M&M, Reliance, and Bajaj Finance turned out to be the top three gainers today, which surged 2.47 per cent, 2.38 per cent & 1.80 per cent, respectively. On the other hand, the top three losers include Titan, TCS, and Wipro, which plunged 1.17 per cent, 0.70 per cent & 0.49 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

COFORGE

                   Jan 27

    5,797.00

                    0.79

-14.35

INDIGO

                 Jan 27

         2,068.95

                1.46

                 -3.09

COALINDIA

                   Jan 27

                 159.00

                           0.16

                            -3.08

GNFC

              Jan 27

                459.25

                        1.85

                       -2.28

CHAMBLFER

              Jan 27

              432.50

                        1.1

                      -2.01

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