Three stocks witnessing long unwinding

Three 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 fourth trading session of the week on a positive note. At 11.51 am, both Sensex, as well as Nifty, were spotted in the green zone, climbing 0.29 per cent & 0.25 per cent, trading at 55,631.05 and 16,648.00 levels, respectively. 

Wipro, Tech Mahindra, and HCL Technologies emerged as the top gainers of the day, which advanced 3.49 per cent, 2.96 per cent & 2.86 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)

MARICO March 31 511.50 -0.15 -2.49
INDIAMART March 31 4,476.50 -0.58 -2.36
NBCC March 31 39.00 -0.89 -0.98
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