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:
IANS
2/6
Mahanagar Gas
OI change on March 7: -8.58% Change in stock price: -1.21%
IANS
3/6
Torrent Pharmaceuticals
OI change on March 7: -0.87% Change in stock price: -1.2%
ETMarkets.com
4/6
Container Corporation of India
OI change on March 7: -0.32% Change in stock price: -1.25%
Agencies
5/6
Samvardhana Motherson International
OI change on March 7: -0.24% Change in stock price: -2.1%
ETMarkets.com
6/6
Axis Bank
OI change on March 7: -0.17% Change in stock price: -1.1%
