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.

Starting the week on a subdued note, Indian benchmark equity indices began Monday's trading session in negative territory, influenced by mixed signals from Asian markets and declines in the banking, financial, and IT sectors.

Among the notable companies in the Sensex group, Asian Paints, Titan, Tech Mahindra, Axis Bank, and Wipro saw their share prices drop at the open, whereas L&T, Power Grid, UltraTech Cement, M&M, and Tata Steel recorded opening gains. In early trading, Mahindra Holidays & Resorts saw its stock price surge by over 5 per cent following the announcement of its plan to invest up to Rs 4,500 crore over the next 3-4 years, aiming to expand its room capacity to 10,000, effectively doubling it.

Following are the stocks where profit booking is seen taking place in the F&O segment.