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 Wednesday's session on a weak note. At 11.16 am, both Sensex, as well as Nifty, were trading in the negative territory at 60,236.49 and 17,975.90 levels, down by 0.85 per cent & 0.76 per cent, respectively.
Tata Steel, Dr Reddy's Laboratories, and HDFC Bank emerged as the top three gainers of today's session, rising by 0.81 per cent, 0.24 per cent & 0.05 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)
|
| ADANIPORTS |
Jan 27 |
746.15 |
-2.34 |
-19.21 |
| GRANULES |
Jan 27 |
316.00 |
-2.29 |
-5.94 |
| RAIN |
Jan 27 |
231.85 |
-0.24 |
-5.22 |
| HINDCOPPER |
Jan 27 |
130.55 |
-0.31 |
-4.55 |
| HONAUT |
Jan 27 |
45,034.3 |
-0.1 |
-3.93 |