Five stocks witnessing short covering

Avalokita Pandey
/ Categories: Trending, Mindshare
Five stocks witnessing short covering 557 0

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

On the third trading session of the week, both Sensex and Nifty plunged 0.49 per cent each around noon. At 12.04 pm on Wednesday, Sensex was trading at 61,413.52 while Nifty was at 18,328.65.

The top three gainers of today’s session include Bharti Airtel, State Bank of India, and HCL Technologies, which surged 3.49 per cent, 2.75 per cent & 1.83 per cent, respectively.

Meanwhile, Titan, Hindustan Unilever, and HDFC turned out to be the top three losers, which plunged 2.47 per cent, 1.79 per cent & 1.57 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

ACC

                    Oct 28

               2,325.00

                            3.6

                        -9.06

OBEROIRLTY

                    Oct 28

                      904.7

                         0.27

                        -4.96

ABBOTINDIA

                    Oct 28

            21,173.00

                         2.71 

                        -4.72

MINDTREE

                    Oct 28

               4,861.00

                         2.17

                        -4.28

CONCOR

                    Oct 28

                   681.85

                            2.2

                        -2.73

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