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 |