Short Covering seen in L&T, HDFC Bank, IDFC and Bank of India

On Friday, lot of shares witnessed Short Covering in the Open Interest, out of that Larsen & Toubro Limited, HDFC Bank Ltd, IDFC Ltd & Bank of India have made remarkable impact in the future’s open interest.

Larsen & Toubro Limited

LT logo

Larsen & Toubro Limited has closed at 1,364.95, up by 32.20 rupees or 2.42%. Whereas the open interest went down by 6,65,400 shares or 5.73%. Now it has open interest of 1,09,45,500 shares. Future is trading with 4 rupees premium.


HDFC Bank Ltd

HDFCBANK logo

HDFC Bank Limited has closed at 1,078.35, up by 14.40 rupees or 1.35%. Whereas the open interest went down by 7,46,000 shares or 3.24%. Now it has open interest of 2,23,10,000 shares in Future segment. Future is trading at 1083.00 with 5.65 rupees premium.


IDFC Logo

IDFC Limited has closed at 53.20, up by 0.45 rupees or 0.85%. Whereas the open interest went down by 27,02,700 shares or 5.56%. Now it has open interest of 4,59,06,300 shares in Future segment. Future is trading at 53.50 with 0.30 rupees premium.


BANKINDIA Logo

Bank of India has closed at 130.10, up by 3.70 rupees or 2.93%. Whereas the open interest went down by 7,50,000 shares or 4.29%. Now it has open interest of 1,67,43,000 shares in Future segment. Future is trading at 131.20 with 1.10 rupees premium.

Muthuraj Paulraj

Passionate about investing and trading in Options.