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 June 24, the domestic benchmark indices opened on a positive note. At 1.30 pm, both Sensex, as well as Nifty, were seen trading in the green zone at 52,588.98 and 15,649.25 levels, climbing 0.62 per cent & 0.60 per cent, respectively.

M&M, Bajaj Finance, and Hindustan Unilever emerged as the top gainers of today's session, which soared 3.05 per cent, 2.62 per cent & 2.50 per cent, respectively. On the other hand, Tech Mahindra, Infosys, and HCL Technologies turned out to be the top losers, which slumped 1.39 per cent, 1.31 per cent & 1.01 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

JSWSTEEL

                   June 30

    567.40

1.68

-32.74

TRENT

             June 30

1,045.00 1.21

-21.20

UBL

                  June 30

1,506.00 0.86

-19.18

ASTRAL June 30 1,672.15 0.89 -14.20
BSOFT June 30 354.60 0.37 -12.50

 

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RAVINDRA WAGH

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

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