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 last trading session of the week in the negative territory but soon, showed positive momentum. At 11.16 am, Sensex was seen trading in the green zone at 55,554.13 level, climbing 0.16 per cent whereas Nifty plunged 0.23 per cent to be at 16,617.50 level.
Sun Pharma, Dr Reddy's Laboratories, and Bajaj Finserv emerged as the top gainers of the day, which advanced 2.62 per cent, 1.39 per cent & 1.27 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 |
March 31 |
2,138.75 |
-0.97 |
-18.65 |
| PIDILITIND |
March 31 |
2,320.00 |
-1.26 |
-13.61 |
| HINDUNILVR |
March 31 |
2,088.90 |
-0.74 |
-11.82 |
| MARUTI |
March 31 |
7,136.05 |
-1.15 |
-8.97 |
| M&M |
March 31 |
736.25 |
-0.41 |
-7.05 |