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Based on the OI percentage, 114 stocks were on the short-covering list. This included National Aluminium Company, Coromandel International, RBL Bank, Alkem Laboratories, and Tata Communications.
"We expect markets to be in a range with a positive bias and end the year on a positive note. While there is a lack of significant triggers and in the absence of any major events due holiday season. Stock-specific movement and series of new listings would keep the investors in action," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
A long build-up was seen in 54 stocks, which included Bajaj Auto, SAIL, JK Cement, Vodafone Idea, and UltraTech Cement
A long build-up was seen in 58 stocks, which included Tata Communications, Tata Chemicals, Atul, M&M Financial Services, and Hero MotoCorp
Based on the OI percentage, 75 stocks were on the short-covering list. This included Hindustan Copper, Tata Chemicals, Astral, IDFC First Bank, and Abbott India.