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 as well as Nifty opened Wednesday's trading session on a positive note. At 11.31 am, Sensex was spotted trading at 57,661.24 level, advancing 0.63 per cent while Nifty inched higher by 0.57 per cent to be at 17,188.85 level.

Kotak Mahindra Bank, Titan, and Asian Paints emerged as the top gainers of today's session, which soared 3.18 per cent, 2.82 per cent & 1.87 per cent, respectively. On the other hand, Hindustan Unilever, NTPC, and L&T turned out to be the top losers of the day, which slipped 0.26 per cent, 0.23 per cent & 0.15 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

ALKEM

                   Feb 24

    3,357.15

2.92

-42.52

SIEMENS

                 Feb 24

2,434.60

1.06

-39.97

GODREJCP

                   Feb 24

794.20

1.56

-32.65

NATIONALUM

              Feb 24

116.05

0.52

-32.40

ADANIENT Feb 24 1,709.20 2.64 -31.20
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