News

Bajaj Auto, BPCL among 5 stocks with short buildup

Trend Tracker
iStock
1/6
Trend Tracker
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 Thursday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:
PVR INOX
Agencies
2/6
PVR INOX
OI change on January 4: 12.44%Stock price change: -3.15%
IOC
Agencies
3/6
IOC
OI change on January 4: 2.55%Stock price change: -1.84%
BPCL
ANI
4/6
BPCL
OI change on January 4: 1.15%

Stock price change: -2.08%
Hind Petro
ETMarkets.com
5/6
Hind Petro
OI change as of January 4: 0.86%Stock price change: -1.54%
Bajaj Auto
ETMarkets.com
6/6
Bajaj Auto
OI change on January 4: 0.03%

Stock price change: -1.23%
Success
This article has been saved