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.

The domestic benchmark indices opened in the positive territory on the first trading session of the month. Even at 11.39 am, both Sensex and Nifty were trading in the green zone at 59,538.04 and 17,770.40 levels, up by 0.39 per cent & 0.56 per cent, respectively.

Induslnd Bank, Bharti Airtel, and Tata Steel emerged as the top three gainers today, which soared 6.89 per cent, 4.15 per cent & 3.15 per cent, respectively.

Following are the stocks where profit booking is seen taking place in the F&O segment: