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.

On the third trading session of the week, the domestic benchmark indices opened higher. At 12.12 pm, both Sensex, as well as Nifty, were trading in the green zone at 58,602.45 and 17,497.05 levels, climbing 1.14 per cent & 0.99 per cent, respectively. 

Bajaj Finserv, Bajaj Finance, and Axis Bank emerged as the top gainers of the day, which surged 3.13 per cent, 2.87 per cent & 2.64 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 March 31 303.05 -0.12 -41.79
ZYDUSLIFE March 31 356.10 -0.15 -40.63
SUNPHARMA March 31 909.90 -0.84 -37.50
DELTACORP March 31 327.80 -1.07 -32.62
BSOFT March 31 456.00 -0.05 -31.53
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