Four 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 on a weaker note on the last trading session of the week. Even at 11.22 am, Sensex and Nifty were spotted in the red zone, down by 0.11 per cent & 0.09 per cent at 59,920.33 and 17,840.30 levels.
Tata Steel, UltraTech Cement, and Maruti emerged as the top three gainers today, which climbed 1.98 per cent, 1.60 per cent & 1.43 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)
|
|
COROMANDEL
|
Nov 25
|
788.6
|
-1.08
|
-5.92
|
|
LT
|
Nov 25
|
1,808.5
|
-0.77
|
-3.47
|
|
OFSS
|
Nov 25
|
4,414.45
|
-0.63
|
-1.22
|
|
INDUSINDBK
|
Nov 25
|
1,166.9
|
-1.13
|
-1.2
|