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 first trading session of the week in the positive territory. At 10.57 am, Sensex was seen trading in the green zone at 55,865.16 level, climbing 0.57 per cent while Nifty gained 0.41 per cent to be at 16,698.00 level. 

HDFC Bank, Infosys, and ICICI Bank emerged as the top gainers of the day, which advanced 2.34 per cent, 2.17 per cent & 1.28 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)

ZYDUSLIFE March 31 365.25 -1.72 -2.13
RAIN March 31 178.50 -1.79 -1.49
JKCEMENT March 31 2,299.10 -0.31 -1.36
COFORGE March 31 4,255.95 -1.32 -1.17
COLPAL March 31 1,488.10 -0.28 -1.08
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