DSIJ Mindshare

Five stocks witnessing long unwinding
Avalokita Pandey
/ Categories: Trending, Mindshare

Five 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 Thursday's trading session on a positive note. At 12.37 pm, both Sensex and Nifty were trading in the green zone at 57,365.77 and 17,088.85 levels, up by 0.76 per cent & 0.79 per cent, respectively. 

The top three gainers of today's session included ITC, Power Grid Corporation, and Bajaj Finance, which surged 2.71 per cent, 2.51 per cent & 2.27 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)

JSWSTEEL Dec 30 658.75 -0.66 -2.84
HAL Dec 30 1,245.15 -0.04 -1.85
ZEEL Dec 30 346.65 -0.64 -0.74
IDFCFIRSTB Dec 30 48.15 -0.1 -0.65
BHARTIARTL Dec 30 681.45 -0.5 -0.64
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