The Nifty futures rollover remained bearish at 69% for January, which is lower than the three-month average of 73.74%, said Chandan Taparia, head of technical and derivatives research at Motilal Oswal Financial Services. These numbers are provisional as the final figures were not released till late Thursday.
US corporate bond spreads hit widest in about 6 months on recession fears
The widening yield spreads between corporate bonds and U.S. Treasuries signal growing investor concerns over a potential recession and a global trade war.