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:
ETMarkets.com
2/6
Adani Enterprises
OI change on April 2: -4.97% Change in stock price: 0.32%
Agencies
3/6
REC
OI change on April 2: -1.27% Change in stock price: 0.52%
ETMarkets.com
4/6
Grasim Industries
OI change on April 2: -0.45% Change in stock price: 0.39%
ETMarkets.com
5/6
MCX
OI change on April 2: -0.22% Change in stock price: 0.27%
Agencies
6/6
Tata Power
OI change on April 2: -0.03% Change in stock price: 0.62%
