5 stocks that will trade with a negative bias in today's trade

Indian equities are expected to open lower amidst negative global cues. As the indices continue to remain volatile, stock-specific action will continue to remain in focus. Baring few counters, majority of the underline securities have witnessed short selling or long unwinding, indicating a negative bias for the markets. As all the Asian indices post deep cuts & with SGX Nifty trading 0.45% lower, a sharp decline in the stock price could be expected as fresh short selling could weigh in.

Tracking the derivative data points, following is the list of stocks that will remain under selling pressure in today's trade:

Underline	OI (lakhs)	% OI Chg	Price	% Price Chg	Action
MCDOWELL-N	121	374.9	679	(80.4)	Short Buildup
MRPL	129	44.4	88	(5.1)	Short Buildup
ADANIPORTS	151	13.7	374	(0.5)	Short Buildup
ICICIPRULI	110	10.7	399	(0.8)	Short Buildup
MGL	19	(5.8)	832	(0.4)	Long Unwinding

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