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 the first trading session of the week, the domestic benchmark indices opened on a flat note amid mixed global cues. At 10.50 am, both Sensex, as well as Nifty, were trading in the red zone at 56,882.80 and 17,018.00 levels, tumbling 0.84 per cent & 0.79 per cent, respectively.
Bharti Airtel, Maruti, and ITC emerged as the top gainers of the day, which climbed 1.24 per cent, 0.50 per cent & 0.47 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)
|
| TATASTEEL |
March 31 |
1,334.50 |
-0.42 |
-9.42 |
| ASTRAL |
March 31 |
1,947.95 |
-0.79 |
-6.81 |
| ADANIENT |
March 31 |
1,862.00 |
-0.41 |
-5.33 |
| ZEEL |
March 31 |
290.65 |
-1.56 |
-5.25 |
| CROMPTON |
March 31 |
372.55 |
-0.53 |
-5.16 |