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 third trading session of the week in the positive territory. At 11.28 am, both Sensex, as well as Nifty, were seen surging 0.84 per cent & 0.66 per cent at 53,874.77 and 16,119.80 levels, respectively. 

Reliance, Tech Mahindra, and Hindustan Unilever emerged as the top gainers of the day, which rose 2.93 per cent, 2.41 per cent & 2.15 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)

BANKBAROD March 31 97.35 -0.15 -1.94
NMDC March 31 152.70 -0.07 -1.08
HEROMOTOCO March 31 2,245.00 -0.36 -1.06
ICICIPRULI March 31 449.00 -0.09 -0.88
SAIL March 31 94.60 -0.68 -0.68
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