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 |