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 lower on the last trading session of the week. However, at 11.21 am, Sensex was spotted in the positive territory i.e. at 57,941.19 level, up by 0.08 per cent while Nifty was seen in the red zone at 17,236.05 level, inching lower by 0.40 per cent.
The top gainers of today's session include L&T, HDFC, and Tata Steel, which surged 1.29 per cent, 1.24 per cent & 0.95 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)
|
| FSL |
Feb 24 |
128.35 |
-3.50 |
-2.26 |
| TATACONSUM |
Feb 24 |
717.25 |
-0.37 |
-1.96 |
| EXIDEIND |
Feb 24 |
157.90 |
-0.03 |
-1.65 |
| PNB |
Feb 24 |
38.00 |
-0.13 |
-1.24 |
| CUB |
Feb 24 |
130.05 |
-1.14 |
-1.20 |