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NIFTY

The Nifty June rollover reached 72.5% on Wednesday, an increase compared to 70.0% on the same day of the previous expiry, indicating stronger sentiment. This figure also surpassed the three-month average of 65.7% and the six-month average of 64.9%, suggesting sustained rollover to next expiry. The rollover cost in June was 0.39% on Wednesday, a slight decrease from 0.40% on the same day of the previous expiry, indicating marginally lower costs. Bank Nifty June rollover was 65.2% on Wednesday, a slight dip from 65.4% on the same day of the previous expiry, suggesting slightly reduced banking sector conviction. This was also lower than both the three-month average of 66.7% and the six-month average of 66.2%, indicating weaker relative performance. The Market wide June rollover stood at 80.6% on Wednesday, matching the 80.6% on the same day of the previous expiry, reflecting consistent market participation. This was higher than the three-month average of 79.1% and the six-month average of 77.7%, highlighting above-average market interest. The option data for the June series indicates a strong Call Open Interest (OI) at the 25,300-strike price, followed by 25,500. In contrast, a substantial concentration of Put OI is observed at 25,000, with additional levels at 25,200. This suggests the likely range for the current expiry is between 25,000 and 25,500.

Nifty Rollover Vs Market Wide Rollover

Stock & Sector Highlights

* RBLBANK, TATACOMM, ABFRL, HAVELLS and TITAN saw higher rollover on Wednesday compared to same day of previous expiry.

* LICI, ANGELONE, EICHERMOT, MANAPPURAM and INDIANB saw lower rollover on Wednesday compared to same day of previous expiry.

* Highest rollover in current expiry for the day is seen in CROMPTON, JSWSTEEL, TITAN, DMART and TATAELXSI.

* Lowest rollover in current expiry for the day is seen in LICI, ANGELONE, EICHERMOT, TVSMOTOR and MANAPPURAM.

Sector-wise Rollover

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