Zee, PVR INOX among 5 stocks with top long unwinding
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Profit booking
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, 5 stocks witnessed a top long unwinding. Here's the list:
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PVR INOX
OI change on January 11: -2.79%
Change in stock price: -1.93%
Change in stock price: -1.93%
3/6
Hindustan Copper
OI change on January 11: -1.58%
Change in stock price: -1.33%
Change in stock price: -1.33%
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4/6
Zee Entertainment Enterprises
OI change on January 11: -1.38%
Change in price: -4.6%
Change in price: -4.6%
5/6
Cummins India
OI change on January 11: -0.48%
Change in stock price: -0.87%
Change in stock price: -0.87%
6/6
SAIL
OI change on January 11: -0.17%
Change in stock price: -1.17%
Change in stock price: -1.17%