IndusInd Bank, HCL Tech among 5 stocks with short buildup

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:

OI change on April 4: 3.16%
Stock price change: -1.24%

OI change on April 4: 0.89%
Stock price change: -1.64%

OI change on April 4: 0.78%
Stock price change: -1.33%

OI change on April 4: 0.46%
Stock price change: -1.59%

OI change on April 4: 0.3%
Stock price change: -0.99%