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 green on the fourth trading session of the week. However, at 12.11 pm, both Sensex as well as Nifty plunged into negative territory and were seen trading at 58,644.86 & 17,468.05 levels, respectively, inching lower by 0.01 per cent each.
The top three gainers of today's session include Asian Paints, Larsen & Toubro, and Reliance, which climbed 2.08 per cent, 1.94 per cent & 1.51 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)
|
|
POLYCAB
|
Dec 30
|
2,372.3
|
-0.88
|
-1.17
|
|
JSWSTEEL
|
Dec 30
|
668.4
|
-0.88
|
-1.04
|
|
BEL
|
Dec 30
|
206.2
|
-1.76
|
-0.83
|
| ASTRAL |
Dec 30 |
2,220.45 |
-1.0 |
-0.82 |
| DLF |
Dec 30 |
397.05 |
-0.39 |
-0.12 |