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 Monday's trading session on a flat note. At 11.15 am, both Sensex, as well as Nifty, were spotted in the positive territory, advancing by 0.22 per cent & 0.26 per cent at 61,356.01 and 18,302.80 levels, respectively.
The top three gainers of today's session include Maruti, TCS, and State Bank of India, which surged 2.38 per cent, 1.66 per cent & 1.65 per cent, respectively. On the other hand, HCL Tech, Tata Steel, and Axis Bank turned out to be the top three losers, which tanked 5.39 per cent, 1.18 per cent & 1.09 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
|
|
UBL
|
Jan 27
|
1,664.75
|
0.29
|
-2.94
|
|
GODREJCP
|
Jan 27
|
926.6
|
0.74
|
-2.48
|
|
DIXON
|
Jan 27
|
5,352.85
|
1.47
|
-1.99
|
|
CONCOR
|
Jan 27
|
693.85
|
0.12
|
-1.63
|
|
SRTRANSFIN
|
Jan 27
|
1,244.00
|
0.02
|
-1.46
|