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 first trading session of the new calendar year on a positive note. At 11.22 am, both Sensex, as well as Nifty, were trading in the green zone i.e. at 58,846.06 & 17,521.30 levels, up by 1.02 per cent and 0.96 per cent, respectively.
The top three gainers of today's session include TCS, Bajaj Finserv, and Axis Bank, which inched higher by 2.13 per cent, 2.12 per cent & 1.98 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)
|
| SYNGENE |
Jan 27 |
621.05 |
-0.27 |
-1.57 |
| ESCORTS |
Jan 27 |
1,913.2 |
-0.32 |
-1.12 |
| LUPIN |
Jan 27 |
949.5 |
-0.52 |
-0.26 |
| AUROPHARMA |
Jan 27 |
730.95 |
-1.0 |
-0.25 |
| CIPLA |
Jan 27 |
933.00 |
-1.72 |
-0.25 |