Indian Hotels, Balkrishna Industries among 5 stocks with top long unwinding
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Bearish Signs
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. In Tuesday's trading session, five stocks witnessed a top long unwinding. Here's the list:
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The Indian Hotels Company
OI change on February 13: -2.94%Change in stock price: -1.05%
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Astral
OI change on February 13: -1.72%
Change in stock price: -2.05%
Change in stock price: -2.05%
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Balkrishna Industries
OI change on February 13: -1.08%Change in stock price: -1.4%
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India Cements
OI change on February 13: -0.36%Change in stock price: -1.47%
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Indus Towers
OI change on February 13: -0.12%Change in stock price: -1.74%