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 fourth trading session of the week on a positive note. At 11.47 am, both Sensex, as well as Nifty, were trading in the green zone at 58,954.08 and 17,554.10 levels, inching higher by 0.83 per cent & 0.52 per cent, respectively.
The top three gainers of the day included Kotak Mahindra Bank, HDFC, and HDFC Bank, which surged 2.75 per cent, 2.67 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)
|
| ABFRL |
Feb 24 |
297.95 |
-0.38 |
-1.52 |
| CANBK |
Feb 24 |
259.40 |
-0.52 |
-1.10 |
| INDIACEM |
Feb 24 |
223.60 |
-0.51 |
-1.09 |
| PNB |
Feb 24 |
41.40 |
-0.84 |
-1.08 |
| SUNPHARMA |
Feb 24 |
884.90 |
-0.34 |
-1.07 |