Tuesday Rollover (NB Research)
Nifty Highlights:
The Nifty July expiry rollover is at 38.36% on Tuesday compared to 43.36% on same day of previous expiry.
The Banknifty July expiry rollover is at 38.44% on Tuesday compared to 45.65% on same day of previous expiry.
The Market wide July expiry rollover is at 58.52% on Tuesday as compared to 56.82% on same day of previous expiry.
The Nifty July rollover is lower than its Three months average of 40.22% and its six months average of 41.16%.
The Banknifty July rollover is higher than its Three months average of 36.8% and lower than its six months average of 41.09%.
The market wide rollover is higher than with its three months average of 54.79% and six months average of 53.9%.
Sector Highlights:
Chemicals, Telecom, FMCG, Technology and Capital_Goods sectors witnessed higher rollovers compared to same day of previous expiry.
Cement, Realty, Automobile, Banking and Media sectors witnessed lower rollovers compared to same day of previous expiry.
Highest rollover in current expiry: Chemicals, Telecom, Metals, Pharma and FMCG.
Lowest rollover in current expiry: Media, Realty, Textile, Automobile and Capital_Goods.
Stock Highlights:
CIPLA, LUPIN, LT, BANDHANBNK and NMDC saw higher rollovers compared to same day of previous expiry.
CANBK, BRITANNIA, PFIZER, BALKRISIND and COLPAL saw lower rollovers compared to same day of previous expiry.
Higher percentage rollover in current expiry: JSWSTEEL, APLLTD, ADANIPORTS, EICHERMOT and JINDALSTEL.
Lower percentage rollover in current expiry: CANBK, BALKRISIND, PAGEIND, PVR and NAUKRI.