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 session with losses. At 11.34 am, both Sensex, as well as Nifty, were trading in the negative territory at 59,530.36 and 17,782.65 levels, down by 0.95 per cent & 0.87 per cent, respectively.
Power Grid, UltraTech Cement and Bharti Airtel emerged as the top three gainers of the day, which surged 3.47 per cent, 0.97 per cent & 0.96 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)
|
| CHAMBLFER |
Jan 27 |
476.85 |
-1.31 |
-6.35 |
| GNFC |
Jan 27 |
485.95 |
-0.78 |
-6.34 |
| BAJAJ-AUTO |
Jan 27 |
3,340.8 |
-3.28 |
-5.27 |
| MANAPPURAM |
Jan 27 |
163.1 |
-1.24 |
-5.12 |
| COFORGE |
Jan 27 |
5,304.00 |
-2.17 |
-4.86 |