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 first trading session of the week on a negative note. At 10.33 am, both Sensex, as well as Nifty, were trading in the red zone, down by 0.59 per cent & 0.62 per cent at 58,298.25 and 17,408.15 levels, respectively.
Tata Steel, State Bank of India, and Power Grid emerged as the top three gainers of the day, which surged 3.04 per cent, 2.57 per cent & 1.48 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)
|
| ABCAPITAL |
Feb 24 |
122.40 |
-1.25 |
-3.60 |
| AMBUJACEM |
Feb 24 |
376.35 |
-0.87 |
-2.18 |
| HONAUT |
Feb 24 |
44,243.35 |
-0.85 |
-2.08 |
| COFORGE |
Feb 24 |
4,680.30 |
-0.27 |
-1.92 |
| INTELLECT |
Feb 24 |
740.40 |
-0.40 |
-1.21 |