Tata Steel, Yes Bank, LIC Hsg Fin see fresh short positions

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Tata Steel, Yes Bank, LIC Hsg Fin see fresh short positions

Fresh short positions were seen in Tata Steel, Yes Bank and LIC Housing Finance. Tata Steel was down 4% and its futures Open Interest was up 22%.

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Fresh short positions were seen in Tata Steel , Yes Bank and LIC Housing Finance . Tata Steel was down 4% and its futures Open Interest was up 22%.

By Anuj Singhal, Head-Markets Research at CNBC-TV18

FIIs net sold Rs 371 crore in Nifty futures and net sold Rs 607 crore in Stock futures. The Nifty futures ended with 11-point premium. Nifty 5200 Call added 6 lakh shares in OI (open interest).

Fresh short positions were seen in Tata Steel, Yes Bank and LIC Housing Finance. Tata Steel was down 4% and its futures Open Interest was up 22%.

Yes Bank fell 2.6% and its futures Open Interest was up 12%. LIC Housing Finance lost 2.7% and its futures Open Interest was up 13%.

Long unwinding was seen in SAIL , which declined 3% and its futures Open interest was down 14%.
 
Idea Cellular went up 4% and its futures Open Interest was down 6%. The stock was up 18% in December series.