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 the second trading session of the week on a positive note. However, at 11.33 am, both Sensex, as well as Nifty, were spotted in the red zone. Sensex plunged 0.22 per cent and was trading at 61,172.14 levels while Nifty dipped 0.29 per cent to be at 18,254.90 levels. 

Axis Bank, HDFC Bank, and Kotak Mahindra Bank became the top three gainers of today's session, climbing 1.88 per cent, 1.21 per cent & 0.78 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)

GNFC Jan 27 488.15  -1.59 -7.24
HONAUT Jan 27 45,790.00 -0.89 -6.61
INDIACEM Jan 27 243.7 -3.35 -6.50
IRCTC Jan 27 883.00 -1.77 -3.96
HINDCOPPER Jan 27 136.5 -1.09 -3.39
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