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Bank Nifty rollovers lowest in 3 years as traders unwind long positions ahead of election results

Bank Nifty needs to cross the 49,000 mark on a weekly closing basis to show strength and potentially retest its previous all-time high and break above it. ....

Soni Patnaik , Bank Nifty , Bank Nifty For The , Assistant Vice President , Derivative Research , Open Interest ,

Which sectors and stocks have the highest rollovers into the June series?

Soni Patnaik of JM Financial said that the rollover data showed fewer rollovers, indicating that long positions are being booked. She advised investors to maintain caution. ....

Soni Patnaik , Bank Nifty , Bank Nifty For The , Institutional Investors , Long Short Ratio , Assistant Vice President , Derivative Research , Open Interest ,