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 the first trading session of the week in the positive territory. At 11.30 am, Sensex was seen trading at 57,904.73 levels, up by 1.23 per cent while Nifty inched higher by 1.32 per cent to be at 17,328.50 levels.

The top three gainers of the day include Tech Mahindra, Dr Reddy's Laboratories, and Wipro, which soared 4.11 per cent, 3.03 per cent & 3.00 per cent, respectively. On the other hand, IndusInd Bank and Kotak Mahindra Bank turned out to be the top two losers, which plunged 3.24 per cent & 2.38 per cent, respectively. 

List of the stocks where sell positions are being covered in the F&O segment: