Five stocks witnessing long unwinding
Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness.
On Thursday at 11.14 am, both Sensex and Nifty were seen trading in the green zone. While Sensex was at 59,559.05, up by 1.07 per cent, Nifty was at 17,731.60, up by 1.05 per cent.
Bajaj Finserv, Axis Bank, and State Bank of India emerged as the top three gainers of today’s session, inching higher by 4.76 per cent, 2.84 per cent & 2.26 per cent, respectively.
Following are the stocks where profit booking is seen taking place in the F&O segment:
Symbol
|
Expiry date
|
LTP
|
Per cent change
|
OI change per cent
|
ESCORTS
|
Sept 30
|
1,490.25
|
-2.22
|
-5.22
|
STAR (Strides Pharma)
|
Sept 30
|
612.25
|
-2.32
|
-2.76
|
CIPLA
|
Sept 30
|
962.5
|
-0.42
|
-1.33
|
GMRINFRA
|
Sept 30
|
36.1
|
-0.55
|
-0.6
|
PAGEIND
|
Sept 30
|
33,100
|
-1.03
|
-0.28
|