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 higher on Thursday amid mixed global cues. At 11.47 am, Sensex was seen trading at 58,021.67 level, up by 0.04 per cent while Nifty climbed 0.43 per cent to be at 17,396.55 level.
HDFC, Reliance, and Tata Steel emerged as the top three gainers of the day, which surged 1.33 per cent, 1.13 per cent & 0.86 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)
|
| CROMPTON |
Feb 24 |
391.85 |
-1.32 |
-28.02 |
| ABBOTINDIA |
Feb 24 |
16,912.45 |
-0.33 |
-12.03 |
| RAMCOCEM |
Feb 24 |
854.30 |
-0.80 |
-10.32 |
| M&MFIN |
Feb 24 |
161.45 |
-0.49 |
-9.11 |
| ATUL |
Feb 24 |
9,288.10 |
-0.06 |
-8.63 |