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.
Brace for large moves in Nifty, Nifty Bank; 2 stock ideas: Anand James
Another aspect we will be closely watching would be how Nifty futures would play in the next week as they had gone into discount, unable
September 23, 2024