Three 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 higher on the third trading session of the week. At 11.18 am, Sensex, as well as Nifty, climbed 1.50 per cent & 1.44 per cent to be at 58,498.75 and 17,424.45 levels, respectively.
Bajaj Finance, ICICI Bank, and Bajaj Finserv emerged as the top three gainers today, which surged 2.98 per cent, 2.89 per cent & 2.42 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)
|
|
POWERGRID
|
Dec 30
|
204.4
|
-0.07
|
-4.85
|
|
GMRINFRA
|
Dec 30
|
42.7
|
-0.93
|
-0.17
|
|
IGL
|
Dec 30
|
498.00
|
-0.35
|
-0.1
|