Four 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 opened the fourth trading session of the week in the positive territory. At 11.26 am, both Sensex, as well as Nifty, were seen surging 2.41 per cent & 2.35 per cent at 55,963.42 and 16,730.20 levels, respectively.
Axis Bank, IndusInd Bank, and Hindustan Unilever emerged as the top gainers of the day, which soared 6.04 per cent, 5.47 per cent & 5.27 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)
|
| MUTHOOTFIN |
March 31 |
1,422.00 |
-0.37 |
-0.85 |
| IPCALAB |
March 31 |
1,000.00 |
-0.89 |
-0.16 |
| ABBOTINDIA |
March 31 |
32,625.00 |
-0.66 |
-0.15 |
| AUROPHARMA |
March 31 |
637.30 |
-0.07 |
-0.11 |