Tata Communications, Muthoot Finance among 5 stocks with top long unwinding
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Trend Tracker
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 Friday's trading session, five stocks witnessed a top-long unwinding. Here's the list:
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Tata Communications
OI change on December 29: -18.17%
Change in price: -2.82%
Change in price: -2.82%
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Hind Petro
OI change on December 29: -13.34%
Change in stock price: -4.34%
Change in stock price: -4.34%
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BPCL
OI change on December 29: -12.42%
Change in stock price: -2.5%
Change in stock price: -2.5%
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Persistent Systems
OI change on December 29: -9.27%
Change in stock price: -2.11%
Change in stock price: -2.11%
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Muthoot Finance
OI change on December 29: -8.56%
Change in stock price: -2.01%
Change in stock price: -2.01%