Five stocks witnessing long unwinding

Five stocks witnessing long unwinding

Avalokita Pandey
/ Categories: Trending, Mindshare

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 second trading session of the week in the negative territory. At 11.58 am, both Sensex, as well as Nifty, were seen declining 0.93 per cent & 0.97 per cent at 52,353.11 and 15,709.00 levels, respectively. 

TCS, Tech Mahindra, and Infosys emerged as the top gainers of the day, which rose 2.45 per cent, 2.34 per cent & 1.90 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)

GNFC March 31 602.70 -1.10 -4.06
HINDALCO March 31 600.60 -2.85 -3.22
INDIGO March 31 1,570.60 -2.83 -2.89
NESTLEIND March 31 17,143.10 -1.07 -2.27
DEEPAKNTR March 31 1,832.10 -0.23 -2.11
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