TVS Motor, Deepak Nitrite among 5 stocks with short buildup
ETMarkets.com |
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Short Buildup
A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are creating short positions. In Thursday's trading session, five stocks saw fresh short positions being built. Here's the list:
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M&M
OI change on October 17: 4.26%
Stock price change: -3.07%
Stock price change: -3.07%
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Deepak Nitrate
OI change on October 17: 2.65%
Stock price change: -3.08%
Stock price change: -3.08%
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TVS Motor
OI change on October 17: 1.44%
Stock price change: -5.91%
Stock price change: -5.91%
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Bosch
OI change on October 17: 1.35%
Stock price change: -3.51%
Stock price change: -3.51%
