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.
The domestic benchmark indices opened the third trading session of the week on a negative note. At 12.03 pm, both Sensex, as well as Nifty, were spotted in the red zone, trading at 55,205.99 and 16,537.45 levels, slipping by 1.85 per cent & 1.53 per cent, respectively.
The top gainers of today's session include Tata Steel, Titan, and Mahindra & Mahindra, which soared 5.17 per cent, 1.66 per cent & 0.68 per cent, respectively. On the other hand, Maruti, Asian Paints, and ICICI Bank turned out to be the top losers, which tumbled 4.94 per cent, 4.67 per cent & 4.26 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
|
|
ESCORTS
|
March 31
|
1,799.90
|
0.59
|
-2.79
|
|
PFC
|
March 31
|
110.20
|
0.09
|
-0.57
|
|
INDIAMART
|
March 31
|
4,500.00
|
0.81
|
-0.53
|
|
RECLTD
|
March 31
|
122.70
|
0.29
|
-0.32
|
| LALPATHLAB |
March 31 |
2,523.05 |
0.16 |
-0.32 |