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 Wednesday, the domestic benchmark indices opened in the positive territory, and even at 11.28 am, both Sensex & Nifty were trading in the green zone. Sensex was up by 0.16 per cent at 59,837.80 while Nifty was at 17,845.10, up by 0.13 per cent.
The top three gainers of today’s session are HDFC, HDFC Bank, and Axis Bank, which inched higher by 1.76 per cent, 1.59 per cent & 0.86 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)
|
|
ABBOTINDIA
|
Oct 28
|
22,745.05
|
-2.36
|
-4.82
|
|
NATIONALUM
|
Oct 28
|
100.2
|
-2.53
|
-4.25
|
|
JKCEMENT
|
Oct 28
|
3,325.05
|
-0.74
|
-3.72
|
|
CANFINHOM
|
Oct 28
|
692.45
|
-1.56
|
-3.06
|
|
INDUSINDBK
|
Oct 28
|
1,162.8
|
-0.96
|
-1.44
|