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 strong note. However, at 11.21 am, both Sensex, as well as Nifty, were spotted in the negative territory i.e. down by 0.59 per cent & 0.56 per cent at 57,283.42 and 17,117.05 levels, respectively.
Bajaj Finserv, Bajaj Finance, and Titan emerged as the top three gainers of the day, which climbed 1.14 per cent, 0.96 per cent & 0.89 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)
|
| ABB |
Feb 24 |
2,248.45 |
-0.40 |
-7.79 |
| GNFC |
Feb 24 |
512.65 |
-0.50 |
-3.71 |
| DELTACORP |
Feb 24 |
273.90 |
-3.35 |
-3.31 |
| GUJGASLTD |
Feb 24 |
671.25 |
-2.91 |
-2.06 |
| ALKEM |
Feb 24 |
3,452.10 |
-0.48 |
-1.78 |