Vedanta, Exide Industries among 5 stocks with short buildup
1/6
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:
2/6
MCX
OI change on July 10: 8.14%
Stock price change: -3.99%
Stock price change: -3.99%
3/6
Exide Industries
OI change on July 10: 3.11%
Stock price change: -3.51%
Stock price change: -3.51%
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4/6
NMDC
OI change on July 10: 1.85%
Stock price change: -3.26%
Stock price change: -3.26%
5/6
National Aluminium
OI change on July 10: 0.92%
Stock price change: -4.28%
Stock price change: -4.28%
6/6
Vedanta
OI change on July 10: 0.56%
Stock price change: -3.14%
Stock price change: -3.14%