Indian Hotels, Coforge among 5 stocks with short covering

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Nov 05, 2024, 03:52:15 PM IST

1/6

Trend Turn

Short covering happens when traders buy back shares they previously sold short, often due to a shift in market sentiment or new information. This usually results in a decrease in open interest and can drive the stock price higher. In Tuesday’s trading session, five stocks saw short covering. Here’s the list:

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2/6

Ipca Labs

OI change on November 5: -6.04%Change in stock price: 0.18%

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3/6

Tata Communications

OI change on November 5: -0.77%Change in stock price: 0.3%

ANI

4/6

Indian Hotels

OI change on November 5: -0.51%Change in stock price: 0.28%

PTI

5/6

Ambuja Cement

OI change on November 5: -0.36%Change in stock price: 0.23%

Agencies

6/6

Coforge

OI change on November 5: -0.05%Change in stock price: 0.01%

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This article was originally published by Indiatimes.com. Read the original article here.

Name	Last Price	Change	% Change

Trend Turn

Ipca Labs

Tata Communications

Indian Hotels

Ambuja Cement

Coforge

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