Five stocks witnessing long unwinding

Vardan Pandhare / 26 Feb 2024/ Categories: Mindshare, Trending

Five stocks witnessing long unwinding

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

Starting the week on a subdued note, Indian benchmark equity indices began Monday's trading session in negative territory, influenced by mixed signals from Asian markets and declines in the banking, financial, and IT sectors.

Among the notable companies in the Sensex group, Asian Paints, Titan, Tech Mahindra, Axis Bank, and Wipro saw their share prices drop at the open, whereas L&T, Power Grid, UltraTech Cement, M&M, and Tata Steel recorded opening gains. In early trading, Mahindra Holidays & Resorts saw its stock price surge by over 5 per cent following the announcement of its plan to invest up to Rs 4,500 crore over the next 3-4 years, aiming to expand its room capacity to 10,000, effectively doubling it.

 

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

Company name

Expiry Date

LTP (Rs)

Net Change

% Change

OI Change %

Canara Bank

29 FEB'24

573.20

-7.4

-1.27%

-30.97%

Indusind Bank Ltd

29 FEB'24

1476.35

-5.2

-0.35%

-19.14%

Indian Hotels Company Ltd 

29 FEB'24

572.70

-21.3

-3.59%

-17.89%

India Cements Ltd

29 FEB'24

242.15

-3.0

-1.22%

-17.27%

ABB India Ltd

29 FEB'24

5165.4

-240.2

-4.44%

-16.79%