The rollover in Nifty futures to August was about 80% against the three-month average of 79%, according to provisional data. A rollover happens when a trader closes the position before expiry and opens a similar new position in the next month’s contract. The process happens only in futures contracts.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend