IRCTC, GAIL among 5 stocks with short covering

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    Shifting Sentiment
    1/6

    Shifting Sentiment

    Short covering happens when traders buy back shares they previously sold short, often due to a shift in market sentiment or new information. This usually results in a decrease in open interest and can drive the stock price higher. In Friday's trading session, five stocks saw short covering. Here's the list:

    Agencies
    Metropolis Healthcare
    2/6

    Metropolis Healthcare

    OI change on November 1: -12.56%
    Change in stock price: 0.05%

    ETMarkets.com
    Grasim
    3/6

    Grasim

    OI change on November 1: -9.22%
    Change in stock price: 0.05%

    ETMarkets.com
    IRCTC
    4/6

    IRCTC

    OI change on November 1: -6.11%
    Change in stock price: 0.03%

    ETMarkets.com
    REC
    5/6

    REC

    OI change on November 1: -5.2%
    Change in stock price: 0.03%

    ETMarkets.com
    GAIL
    6/6

    GAIL

    OI change on November 1: -4.39%
    Change in stock price: 0.06%

    Agencies
    The Economic Times
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