Five stocks witnessing long unwinding

Avalokita Pandey
/ Categories: Trending, Mindshare
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.

On Friday, the domestic benchmark indices opened higher. At 1.20 pm, both Sensex, as well as Nifty, were seen trading in the positive territory at 52,605.68 and 15,661.15 levels, advancing 0.65 per cent & 0.67 per cent, respectively. 

M&M, Bajaj Finance, and Hindustan Unilever emerged as the top gainers, which climbed 3.34 per cent, 2.87 per cent & 2.48 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)

PETRONET June 30 205.15 -0.82 -18.85
NBCC June 30 28.35 -0.18 -12.13
MPHASIS June 30 2,274.00 -1.83 -9.97
BERGEPAINT June 30 592.55 -0.48 -9.23
BALRAMCHIN June 30 361.10 -0.17 -6.71
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