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 the last trading session of the week on a positive note. However, at 11.35 am, both Sensex and Nifty plunged into negative territory and were seen trading at 58,414.78 & 17,398.65 levels, inching lower by 0.08 per cent as well as 0.02 per cent, respectively.
The top three gainers of today's session include Larsen & Toubro, UltraTech Cement, and Tata Steel, which climbed 1.41 per cent, 1.29 per cent & 1.06 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)
|
BAJAJFINSV
|
Dec 30
|
17,754.05
|
-0.53
|
-1.87
|
HDFC
|
Dec 30
|
2,798.45
|
-0.47
|
-1.69
|
ICICIGI
|
Dec 30
|
1,446.05
|
-1.6
|
-1.39
|
NESTLEIND
|
Dec 30
|
19,736.15
|
-0.79
|
-0.95
|
HINDUNILVR
|
Dec 30
|
2,375.45
|
-0.47
|
-0.68
|