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 Wednesday's trading session on a positive note amid strong global cues. At 11.40 am, Sensex, as well as Nifty, were trading in the green zone at 61,195.91 and 18,212.65 levels, up by 0.96 per cent & 0.87 per cent, respectively.
Reliance, M&M, and Bajaj Finance emerged as the top three gainers today, inching higher by 2.63 per cent, 2.21 per cent & 2.06 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)
|
| MOTHERSUMI |
Jan 27 |
248.8 |
-1.43 |
-2.04 |
| CUMMINSIND |
Jan 27 |
963.95 |
-1.06 |
-0.52 |
| CIPLA |
Jan 27 |
911.15 |
-0.91 |
-0.18 |
| ESCORTS |
Jan 27 |
1,861.95 |
-0.07 |
-0.04 |
| INDIACEM |
Jan 27 |
244.7 |
-0.24 |
-0.02 |