RK Swamy IPO: The IPO is a mix of a fresh issuance of shares worth Rs 215 crore and an offer-for-sale (OFS) of 87 lakh equity shares by promoters and investors
Based on the OI percentage, 58 stocks were on the short-covering list. This included Birlasoft, Bandhan Bank, Hindustan Copper, Chambal Fertilisers & Chemicals, and Adani Ports.
As the market advances, it is advisable to focus on risk management and have a selective approach while looking out for thematic movers amidst the ongoing sectoral rotation, Sameet Chavan said.
Based on the OI percentage, 65 stocks saw long unwinding, including GNFC, Chambal Fertilisers and Chemicals, Oberoi Realty, Gujarat Gas, and India Cements.