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 Friday’s trading session, five stocks saw fresh short positions being built. Here’s the list:
Concurrent Gainers: LIC of India, Adani Enterprises among 15 stocks that gained for 5 straight trading sessions
Over the five trading sessions ending on June 19, the benchmark Sensex gained 1.69%, rising 1,275 points to close at 76,802. The index finished higher