Five stocks witnessing long unwinding

Five stocks witnessing long unwinding

Vardan Pandhare
/ Categories: Trending, Mindshare

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.

Bulls dominated Dalal Street as frontline indices rallied in the morning session to hit fresh all-time highs on Friday, after upbeat GPD growth.

At noon, Sensex had climbed 996.13 points, or 1.37 per cent, to trade at 73,496.43, while Nifty was up 308.35 points, or 1.4 per cent, at 22,291.15.

Stocks to watch are Bharti Airtel, Vedanta, ICICI Lombard, Biocon, Aurobindo Pharma, Suven Pharma, TVS Motor, Chalet Hotels, CMS Info Systems, Kesoram Industries, MOIL and Pidilite Industries. 

 

Following stocks where profit booking is seen taking place in the F&O segment.

 

Company Name

Expiry Date

LTP (Rs)

Net Change

% Change

OI Change %

ICICI Lombard General Insurance Co Ltd

28 MAR'24

1,681.15

-39.55

-2.3%

-15.79%

Interglobe Aviation Ltd

28 MAR'24

3,157

-7.6

-0.24%

-11.91%

MRF Ltd

28 MAR'24

145,006

-1495.34

-1.02%

-10.68%

Sun Tv Network Ltd

28 MAR'24

614.55

-3.0

-0.49%

-10.43%

United Breweries Ltd

28 MAR'24

1,704.95

-3.6

-0.21%

-9.84%

 

 

Disclaimer: The article is for informational purposes only and not investment advice.  

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