Axis Bank, Hero MotoCorp among 5 stocks with short buildup
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On Radar
A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Wednesday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:
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Axis Bank
OI change on January 24: 13.21%
Stock price change: -1.92%
Stock price change: -1.92%
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Oberoi Realty
OI change on January 24: 12.37%
Stock price change: -4.09%
Stock price change: -4.09%
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4/6
Asian Paints
OI change as of January 24: 9.77%
Stock price change: -1.2%
Stock price change: -1.2%
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MCX
OI change on January 24: 9.45%Stock price change: -1.83%
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Hero MotoCorp
OI change on January 24: 5.48%
Stock price change: -1.4%
Stock price change: -1.4%