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 plunged in the opening trade. Even at 12.12 pm, both Sensex, as well as Nifty, were spotted in the negative territory i.e. at 55,553.00 and 16,560.75 levels, plummeting 2.93 per cent & 2.94 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)
|
APLLTD |
Feb 24 |
708.30 |
-1.45 |
-67.13 |
BAJAJ-AUTO |
Feb 24 |
3,532.00 |
-1.40 |
-63.99 |
GODREJCP |
Feb 24 |
784.10 |
-2.25 |
-60.96 |
BERGEPAINT |
Feb 24 |
689.85 |
-5.55 |
-59.56 |
AUBANK |
Feb 24 |
1,200.35 |
-5.75 |
-58.61 |