MCX shares: TVS Motor, Cummins India among 5 stocks with short buildup – On Radar

Alienx
MCX shares: TVS Motor, Cummins India among 5 stocks with short buildup - On Radar
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Estimated read time 3 min read

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 Friday’s trading session, five stocks witnessed a build of fresh short positions. Here’s the list:

iStock

TVS Motor
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OI change on April 19: 6.11%
Stock price change: -2.43%

ETMarkets.com

United Spirits
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OI change on April 19: 1.97%
Stock price change: -2.36%

IANS

​Cummins India
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OI change on April 19: 1.79%
Stock price change: -2.49%

ETMarkets.com

​Astral
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OI change on April 19: 1.57%
Stock price change: -1.94%

ETMarkets.com

​MCX
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OI change on April 19: 0.91%
Stock price change: -2.57%

Agencies

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