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 Friday's trading session on a weak note. At 11.42 am, both Sensex, as well as Nifty, slumped 1.56 per cent & 1.71 per cent to be at 58,009.36 and 17,305.65 levels, respectively. 

Infosys, Tech Mahindra, and L&T emerged as the top three losers of the day, which tumbled 2.97 per cent, 2.56 per cent & 2.50 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

BHARATFORG

                   Feb 24

    743.95

1.88

-2.32

AUROPHARMA

                 Feb 24

686.60

0.45

-0.81

PETRONET

                   Feb 24

222.20

1.05

-0.49

IOC

              Feb 24

120.75

0.29

-0.35

BPCL Feb 24 371.80 0.18 -0.18
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