The Nifty November rollover stands at 37.01% on Tuesday compared to 43.17% on same day of previous expiry - Axis Securities
NIFTY HIGHLIGHTS
The Nifty November rollover stands at 37.01% on Tuesday compared to 43.17% on same day of previous expiry. The Market wide November rollover stands at 49% on Tuesday as compared to 60.3% on same day of previous expiry. The rollover cost in the November series stands at 0.26 on Tuesday compared to 0.16 on same day of previous expiry. The Nifty November rollover is lower than its Three months average of 42.84% and lower than its six months average of 41.62% as on today. The market wide rollover is lower than its three months average of 58.6% and lower than its six months average of 58.20%. Bank Nifty November rollover stands at 35.11% on Tuesday compared to 41.28% on the same day of previous expiry which is lower than its Three months average of 42.71% and lower than its six months average of 41.30%. The Option data of November series shows high Call OI at 17,700 strike price followed by 17,800 & 18,000 and high Put OI concentration is seen at 17,500 followed by 17,300 & 17,000 indicating the probable range for current expiry.
Nifty Rollover Vs Market wide Rollover
Stock & Sector Highlights
* ESCORTS, IBULHSGFIN, SAIL, POWERGRID and CROMPTON saw higher rollovers on Tuesday compared to same day of previous expiry.
* EICHERMOT, AUBANK, TVSMOTOR, DIVISLAB and SHREECEM saw lower rollovers on Tuesday compared to same day of previous expiry.
* Higher rollover in current expiry: GRASIM, RECLTD, ADANIPORTS, IBULHSGFIN and BATAINDIA.
* Lower rollover in current expiry: TVSMOTOR, ICICIGI, INDUSTOWER, EICHERMOT and AUBANK.
Sector wise Rollover
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