IndusInd Bank, BPCL among 5 stocks with short buildup
ETMarkets.com|
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Short Buildup
A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are creating short positions. In Monday's trading session, five stocks saw fresh short positions being built. Here's the list:
Agencies
2/6
SRF
OI change on October 21: 3.85%Stock price change: -2.32%
ANI
3/6
IndusInd Bank
OI change on October 21: 3.08%Stock price change: -2.84%
Agencies
4/6
GMR Infra
OI change on October 21: 2.91%Stock price change: -2.58%
ETMarkets.com
5/6
IOC
OI change on October 21: 1.93%Stock price change: -2.92%
ETMarkets.com
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IOC
OI change on October 21: 1.84%Stock price change: -2.33%
