​5 IT stocks witnessing a short build-up ​

Roshni Agarwal, ETMarkets.com

Apr 6, 2023

​What is short build-up​

Securities or stocks witness a short build-up when traders anticipate a decrease in their prices and take short positions. So, here are NSE stocks (m-cap above Rs 2 lakh crore) with rising open interest in the F&O market compared to the previous day and their securities prices are trading lower than the previous day. (Source: Trendlyne).

Image Source: iStock

​​Tata Consultancy Services​

​Closing price as on April 6: Rs 3,220.70 | F&O total Open Interest: 16,705,500​

Image Source: ETMarkets.com

​​Infosys​

​Closing price as on April 6: Rs 1,421.90 | F&O total Open Interest: 50,114,000​

Image Source: iStock

​​​HCL Technologies​

​Closing price as on April 6: Rs 1,091.85 | F&O total Open Interest: 14,985,600​

Image Source: ETMarkets.com

​​Wipro​

​Closing price as on April 6: Rs 366.65 | F&O total Open Interest: 60,217,500​

Image Source: iStock

​​LTIMindtree​

​Closing price as on April 6: Rs 4,773.25 | F&O total Open Interest: 2,205,600​

Image Source: iStock

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