Vodafone Idea, Biocon among 5 stocks with top short covering
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Shifting Sentiments
Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold. Short covering signals a shift in view on a security from extreme bearishness to bullishness. In Tuesday's trading session, five stocks saw top short covering. Here's the list:
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Vodafone Idea
OI change on April 23: -7.77%
Change in stock price: 10.04%
Change in stock price: 10.04%
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Biocon
OI change on April 23: -6.58%
Change in stock price: 3.23%
Change in stock price: 3.23%
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4/6
Piramal Enterprises
OI change on April 23: -3.08%
Change in stock price: 2.22%
Change in stock price: 2.22%
5/6
Zee Entertainment Enterprises
OI change on April 23: -1.11%
Change in stock price: 0.56%
Change in stock price: 0.56%
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Atul
OI change on April 23: -0.46%
Change in stock price: 0.71%
Change in stock price: 0.71%