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 11.24 am, both Sensex, as well as Nifty, were spotted in the red zone, trading at 56,916.36 and 16,945.55 levels, down by 0.70 per cent & 0.74 per cent, respectively.
The top three gainers of today's session include HCL Technologies, Tech Mahindra, and ITC, which climbed 1.85 per cent, 0.91 per cent & 0.76 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)
|
| JSWSTEEL |
Dec 30 |
645.2 |
-0.81 |
-23.22 |
| HINDALCO |
Dec 30 |
454.5 |
-1.37 |
-8.56 |
| LICHSGFIN |
Dec 30 |
356.35 |
-1.91 |
-6.34 |
| ICICIPRULI |
Dec 30 |
558.00 |
-0.93 |
-6.32 |
| GRASIM |
Dec 30 |
1,615.95 |
-2.77 |
-4.87 |