Five stocks witnessing short covering

Avalokita Pandey
/ Categories: Trending, Mindshare
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.

On Wednesday, the equity markets opened on a dismal note. At 11.09 am, both Sensex, as well as Nifty, slumped 0.38 per cent & 0.42 per cent at 56,887.94 and 16,936.35 levels, respectively. 

Sun Pharma, Dr Reddy's Laboratories, and Mahindra & Mahindra emerged as the top gainers of today's session, which surged 2.02 per cent, 1.59 per cent & 1.14 per cent, respectively. On the other hand, ITC, IndusInd Bank, and HDFC turned out to be the top losers, which tanked 1.93 per cent, 1.64 per cent & 1.58 per cent, respectively. 

 

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

Symbol                 

          Expiry date

         LTP       

% Change

 OI Change %

SUNPHARMA

Sept 29

    913.35

1.61

-54.23

IGL Sept 29 425.45 0.56

-50.38

GUJGASLTD Sept 29 519.15 0.69

-38.40

ABB Sept 29 3,049.00 0.33 38.15
TATACOMM Sept 29 1,125.80 0.86 -36.16
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2 comments on article "Five stocks witnessing short covering"

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RAVINDRA WAGH

Please submit reports on ur recommendation like pondy oxide, eon electric, etc


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Narayana swamy v.s.

Best buy scripts- Cochin shipyard Ltd, Lic Housing finance Ltd,Hudco,sagar cements Ltd, Neyveli lignite ltd, and Guj Industrial power ltd, all to double in 1 year. 100% sure shots.

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