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 as well as Nifty opened Thursday's trading session with gains. At 12.08 pm, Sensex was seen trading at 55,643.73 level, inching higher by 0.32 per cent while Nifty advanced 0.28 per cent to be at 16,652.50 level.
The top gainers of today's session include Wipro, HCL Technologies, and Tech Mahindra, which soared 3.54 per cent, 3.05 per cent & 3.01 per cent, respectively. On the other hand, Asian Paints, UltraTech Cement, and Dr Reddy's Laboratories turned out to be the top losers, which tanked 3.49 per cent, 3.00 per cent & 1.71 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
|
|
HONAUT
|
March 31
|
40,909.95
|
0.92
|
-1.90
|
|
INFY
|
March 31
|
1,729.75
|
1.73
|
-1.87
|
|
CUMMINSIND
|
March 31
|
969.00
|
0.64
|
-1.42
|
|
NATIONALUM
|
March 31
|
126.75
|
0.64
|
-1.22
|
| GNFC |
March 31 |
593.25 |
1.85 |
-0.71 |