RBL Bank, Balkrishna Industries among 5 stocks with short covering
1/6
Change in Stance
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 Thursday's trading session, five stocks saw short covering. Here's the list:
2/6
Balkrishna Industries
OI change on September 5: -1.24%
Change in stock price: 0.25%
Change in stock price: 0.25%
3/6
Voltas
OI change on September 5: -1.03%
Change in stock price: 0.08%
Change in stock price: 0.08%
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4/6
RBL Bank
OI change on September 5: -0.74%
Change in stock price: 0.28%
Change in stock price: 0.28%
5/6
SAIL
OI change on September 5: -0.39%
Change in stock price: 0.29%
Change in stock price: 0.29%
6/6
Bank Nifty
OI change on September 5: -0.37%
Change in stock price: 0.23%
Change in stock price: 0.23%