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 Tuesday's trading session on a strong note. At 10.59 am, both Sensex, as well as Nifty, were seen inching higher by 0.46 per cent & 0.54 per cent to be at 56,666.24 and 16,933.25 levels, respectively. 

Nestle, Hindustan Unilever, and Wipro emerged as the top three gainers of the day, which surged 1.96 per cent, 1.70 per cent & 1.58 per cent, respectively. On the other hand, Tata Steel, Power Grid, and IndusInd Bank turned out to be the top three losers, which plummeted 2.19 per cent, 1.29 per cent & 1.09 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

HONAUT

                   Feb 24

    40,591.00

1.52

-24.96

COROMANDEL

                 Feb 24

765.10

0.60

-11.30

CHAMBLFERT

                   Feb 24

374.90

0.66

-4.48

GMRINFRA

              Feb 24

39.35

0.51

-4.15

TATAPOWER Feb 24 222.00 0.86 -3.36
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