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 Monday's trading session on a weak note. At 11.27 am, Sensex was spotted at 57,715.41 level, down by 0.20 per cent while Nifty slipped 0.26 per cent to be at 17,231.85 level. 

The top gainers of the day included Power Grid, Maruti, and IndusInd Bank, which inched higher by 1.07 per cent, 1.04 per cent & 0.96 per cent, respectively. On the other hand, Titan, TCS, and Sun Pharma turned out to be the top losers of the day, which tumbled 1.79 per cent, 1.76 per cent & 1.14 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

MINDTREE

                   Feb 24

    3,838.00

1.05

-15.95

GUJGASLTD

                 Feb 24

670.25

1.50

-6.52

APOLLOHOSP

                   Feb 24

4,502.00

0.72

-3.54

ABBOTINDIA

              Feb 24

16,432.65

0.30

-3.33

IDEA Feb 24 11.15 4.69 -3.17
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