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 marginally higher on the fourth trading session of the week. However, at 12.06 pm, both Sensex, as well as Nifty, were spotted in the red zone at 58,583.52 and 17,471.55 levels, declining by 0.17 per cent & 0.15 per cent, respectively.
Mahindra & Mahindra, Asian Paints, and Tata Steel emerged as the top gainers of the day, which climbed 2.00 per cent, 1.08 per cent & 0.83 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)
|
| RAMCOCEM |
March 31 |
762.45 |
-1.17 |
-72.42 |
| TVSMOTOR |
March 31 |
621.05 |
-0.40 |
-67.76 |
| APLLTD |
March 31 |
751.20 |
-0.25 |
-64.85 |
| GRANULES |
March 31 |
309.85 |
-0.06 |
-59.96 |
| ASTRAL |
March 31 |
2,005.30 |
-0.60 |
-57.20 |