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 in the green zone on Wednesday. At 11.20 am, Sensex was seen trading at 57,911.70 levels, up by 0.02 per cent whereas, Nifty was spotted in the negative territory i.e. at 17,226.80 levels, down by 0.04 per cent.
Dr Reddy's Laboratories, Sun Pharma, and Induslnd Bank emerged as the top three gainers today, which surged 1.74 per cent, 1.67 per cent & 1.41 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)
|
| SIEMENS |
Dec 30 |
2,393.8 |
-0.55 |
-46.43 |
| SUNTV |
Dec 30 |
488.9 |
-0.63 |
-40.14 |
| RECLTD |
Dec 30 |
132.35 |
-0.15 |
-35.59 |
| TATACHEM |
Dec 30 |
900.45 |
-0.77 |
-33.91 |
| MANAPPURAM |
Dec 30 |
165.95 |
-0.33 |
-33.53 |