F&O stocks: Tata Consumer, Can Fin Home among 5 stocks with short buildup

In Thursday’s trading session, the following five stocks witnessed a build of fresh short positions. Let us first understand how this conclusion is reached, whether the stock has seen a buildup of fresh short position or not. To understand it we have to look at what “ short selling” means. When a trader is expecting the stock prices to fall, he may sell the stock without owning that and buy at a lower price, for example, stock XYZ is trading at 100, a trader sells the stocks at Rs 100 and buys it back at Rs 90. He made a profit of Rs 10. Selling the stocks without owing the underlying stock is called short selling.

Coming to the buildup of fresh short positions, When the stock prices move downward and open interest on the counter increases, it is taken as a sign of a short build-up. The signal is considered more reliable if the volume on the counter has also seen an increase as the stock price declined.

Muthoot Finance price declined 4.31%, and open interest saw a rise of 2.42%.


Britannia saw stock pricing dipping up by 3.71%, and the open interest saw an increase of 8.83%.

Can Fin Home stock price dropped by 3.57%, and open interest saw a rise of 6.6%.

Cholamandalam Investment and Finance stock price declined by 3.57%, and open interest saw a rise of 2.41%.

Tata Consumer Products price fell 3.46%, and open interest saw an increase of 0.49%