Based on the OI percentage, 132 stocks were on the short-covering list that included Hindustan Copper, Voltas, Bharti Airtel, Muthoot Finance, and Eicher Motors.
Mutual funds (MFs) scooped up smallcap shares across sectors such as healthcare, banking and financial services in March 2024 amid a near 4.5 per cent fall in key smallcap indices.
Aster DM Healthcare, NLC India, and Aavas Financiers topped the list of most-bought stocks in the Rs 10,000-40,000 crore market capitalisation (mcap) bracket, according to a study by Nuvama Alternative & Quantitative Research.
Aster and Aavas had corrected by 13 per cent and 10 per cent in March, respectively, while NLC India ended the month with a 2.5 per cent gain.
Based on the OI percentage, a total of 76 stocks were on the short-covering list which included IndiaMART InterMESH, Bata India, Wipro, Indraprastha Gas, and Exide Industries.
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