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Five stocks witnessing short covering

Avalokita Pandey
/ Categories: Trending, Mindshare

Short covering refers to buying back borrowed securities in order to close out an open short position at a profit or loss.

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Five stocks witnessing short covering

On Tuesday at 11.17 am, both Sensex and Nifty were seen trading in the negative territory. While Sensex was down by 0.51 per cent at 59,772.34, Nifty was at 17,787.65, down by 0.38 per cent.

The top three gainers of today’s session include Power Grid, NTPC, and Titan, which soared by 5.48 per cent, 3.39 per cent & 1.87 per cent, respectively.

Meanwhile, Bharti Airtel, HCL Technologies, and Asian Paints turned out to be the top three losers, which tanked by 2.49 per cent, 2.32 per cent & 1.76 per cent, respectively.

 

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

Symbol

Expiry date

            LTP

Per cent change

OI change per cent

TATACHEM

               Sept 30

                  917.55  

                      0.03

                 -31.33 

JSWSTEEL

               Sept 30

                 658.75

                      1.33

                 -29.27

PFIZER

               Sept 30

             5,673.75 

                      0.51    

                 -28.54

LT

               Sept 30

               1,742.8

                     0.04

                -23.54     

NMDC

               Sept 30

                  142.1

                     1.54   

                   -22.5

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