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:
Agencies
2/6
BPCL
OI change on February 21: 4.71%
Stock price change: -1.2%
ETMarkets.com
3/6
Infosys
OI change on February 21: 2.58%
Stock price change: -1.16%
Agencies
4/6
Indiamart Intermesh
OI change on February 21: 1.4%Stock price change: -1.2%
ETMarkets.com
5/6
Hero MotoCorp
OI change as of February 21: 1.23%Stock price change: -1.84%
Agencies
6/6
Manappuram Finance
OI change on February 21: 0.74%Stock price change: -1.46%