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 the last trading session of the week in deep red. At 11.21 am, both Sensex, as well as Nifty, were spotted in the negative territory, plunging 0.77 per cent & 0.81 per cent at 59,007.50 and 17,612.80 levels, respectively.
Hindustan Unilever, Maruti, and Power Grid emerged as the top three gainers today, which inched higher by 1.99 per cent, 1.76 per cent & 0.89 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)
|
| OFSS |
Jan 27 |
3,690.65 |
-0.46 |
-19.81 |
| BALRAMCHIN |
Jan 27 |
442.5 |
-2.81 |
-15.11 |
| RAMCOCEM |
Jan 27 |
942.00 |
-0.98 |
-11.22 |
| JSWSTEEL |
Jan 27 |
669.6 |
-2.08 |
-10.74 |
| BPCL |
Jan 27 |
388.6 |
-1.52 |
-7.86 |