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 in the red zone. However at 11.28 am, both Sensex, as well as Nifty, were spotted in the positive territory i.e. at 58,822.01 and 17,566.20 levels, up by 0.06 per cent & 0.03 per cent, respectively.
Tata Steel, UltraTech Cement, and Titan emerged as the top three gainers of the day, which climbed 2.00 per cent, 1.34 per cent & 0.91 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)
|
| INTELLECT |
Feb 24 |
745.50 |
-0.77 |
-7.16 |
| HONAUT |
Feb 24 |
45,231.90 |
-1.69 |
-4.02 |
| SBILIFE |
Feb 24 |
1,180.30 |
-0.37 |
-2.43 |
| TATACONSUM |
Feb 24 |
731.65 |
-1.05 |
-2.25 |
| GNFC |
Feb 24 |
467.05 |
-0.41 |
-1.95 |