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.
On Friday, the domestic benchmark indices opened in positive territory, and even at 12.17 pm, both Sensex, as well as Nifty, were spotted in the green zone, trading at 59,913.04 and 17,771.70 levels, respectively.
Reliance, NTPC, and Bajaj Finserv emerged as the top gainers of the day, which surged 2.51 per cent, 1.76 per cent & 1.32 per cent, respectively.
Following are the stocks where profit booking is seen taking place in the F&O segment:
|
Symbol
|
Expiry date
|
LTP
|
% change
|
OI change (%)
|
| AXISBANK |
Nov 24 |
909.25 |
-0.97 |
-4.63 |
| INDHOTEL |
Nov 24 |
321.80 |
-0.74 |
-3.55 |
| CONCOR |
Nov 24 |
786.75 |
-0.39 |
-3.26 |
| ABFRL |
Nov 24 |
343.50 |
-0.30 |
-2.66 |
| ZYDUSLIFE |
Nov 24 |
433.20 |
-0.48 |
-2.59 |