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. At 10.48 am, both Sensex, as well as Nifty, were spotted in the green zone i.e. at 56,589.36 and 16,933.25 levels, climbing 0.33 per cent & 0.54 per cent, respectively.
The top three gainers of the day included Nestle, Hindustan Unilever, and Infosys, which advanced by 1.98 per cent, 1.63 per cent & 1.57 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)
|
| BRITANNIA |
Feb 24 |
3,434.40 |
-1.59 |
-8.06 |
| DIVISLAB |
Feb 24 |
4,234.80 |
-1.45 |
-7.38 |
| CHAMBLFERT |
Feb 24 |
381.15 |
-1.87 |
-6.93 |
| COFORGE |
Feb 24 |
4,409.50 |
-1.45 |
-6.76 |
| PFC |
Feb 24 |
120.80 |
-0.62 |
-5.86 |