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 the last day of the calendar year 2021 on a positive note. At 12.25 pm, both Sensex, as well as Nifty, were trading in the green zone at 58,284.36 & 17,366.00 levels, up by 0.85 per cent and 0.94 per cent, respectively.
Titan, UltraTech Cement, and Kotak Mahindra Bank emerged as the top three gainers today, which soared 3.44 per cent, 3.04 per cent & 2.05 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)
|
| POWERGRID |
Jan 27 |
206.05 |
-0.15 |
-2.51 |
| IPCALAB |
Jan 27 |
2,177.00 |
-0.28 |
-1.9 |
| NTPC |
Jan 27 |
124.4 |
-1.03 |
-1.78 |
| ALKEM |
Jan 27 |
3,648.5 |
-0.02 |
-0.25 |