Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Thursday's trading session, five stocks witnessed a top-long unwinding. Here's the list:
ETMarkets.com
2/6
Ramco Cements
-OI change on November 23: -2.88% -Change in stock price: -0.50%
Agencies
3/6
Birlasoft
-OI change on November 23: -1.27% -Change in stock price: -0.43%
ETMarkets.com
4/6
ICICI Prudential Life Insurance
-OI change on November 23: -0.99% -Change in stock price: -0.62%
Agencies
5/6
Torrent Pharmaceuticals
-OI change on November 23: -0.58% -Change in stock price: -0.69%
Getty Images
6/6
Ashok Leyland Ltd.
-OI change on November 23: -0.47%-Change in stock price: -0.45%