Three stocks witnessing long unwinding

Avalokita Pandey
/ Categories: Trending, Mindshare
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

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