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.
Sensex and Nifty opened Tuesday's trading session in the negative territory. At 11.32 am, Sensex was seen trading at 57,216.75 levels, down by 0.48 per cent while Nifty inched lower by 0.28 per cent to be at 17,100.30 levels.
The top three gainers include Axis Bank, Bharti Airtel, and State Bank of India, which soared 5.32 per cent, 3.39 per cent & 2.61 per cent, respectively. On the other hand, Asian Paints, Reliance, and Wipro turned out to be the top three losers, which plunged 2.15 per cent, 1.84 per cent & 1.82 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
|
|
SIEMENS
|
Jan 27
|
2,247.4
|
0.89
|
-54.20
|
|
UPL
|
Jan 27
|
770.7
|
1.01
|
-51.79
|
|
TVSMOTOR
|
Jan 27
|
617.35
|
0.65
|
-47.44
|
|
GRASIM
|
Jan 27
|
1,695.7
|
0.19
|
-45.55
|
|
DIXON
|
Jan 27
|
4,695.0
|
1.58
|
-38.17
|