Five stocks witnessing short covering
Short covering refers to buying back borrowed securities in order to close out an open short position at a profit or loss.
Monday's trading session kicked off on a flat note. At 11.31 am, both Sensex, as well as Nifty, were spotted in the negative territory at 56,994.76 and 17,045.45 levels, plunging 0.64 per cent & 0.63 per cent, respectively.
Bharti Airtel, ITC, and IndusInd Bank emerged as the top gainers of today's session, which advanced 1.21 per cent, 0.36 per cent & 0.30 per cent, respectively. On the other hand, HDFC, Nestle, and Dr Reddy's Laboratories turned out to be the top losers, which slipped 2.35 per cent, 2.13 per cent & 1.97 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
|
|
HINDALCO
|
March 31
|
622.85
|
0.35
|
-16.26
|
|
ZYDUSLIFE
|
March 31
|
360.25
|
0.25
|
-8.69
|
|
EICHERMOT
|
March 31
|
2,356.80
|
0.67
|
-2.75
|
|
AUROPHARMA
|
March 31
|
720.80
|
0.46
|
-2.68
|
| NMDC |
March 31 |
157.50 |
0.16 |
-2.27 |