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 Tuesday's trading session on a weak note. At 11.41 am, Sensex was seen trading at 57,017.94 level, plunging 1.15 per cent while Nifty tanked 1.18 per cent to be at 17,003.35 level. 

Tata Steel, TCS, and Dr Reddy's Laboratories emerged as the top losers of the day, which plummeted 3.19 per cent, 3.18 per cent & 2.09 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

MPHASIS

                   Feb 24

    3,126.10

2.14

-7.14

LTTS

                 Feb 24

4,368.95

0.42

-6.11

METROPOLIS

                   Feb 24

1,990.55

0.85

-3.36

MRF

              Feb 24

64,782.60

0.24

-2.41

COLPAL Feb 24 1,411.95 0.16 -1.27
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