Nifty futures rollover declines to 76% in Oct

THE ROLLOVER PERCENTAGE in Nifty futures October series fell to 76% from an average 81% for the past three series, a report by Nuvama Alternative & Quantitative Research said on Wednesday. It was 82.6% in September, while the six-month average stoodat 79.4%.

- FE BUREAU

It noted that at the start of November series, meaningful open interest addition is seen in sectors like telecom, IT, and infrastructure. According to Nuvama, November has historically been a strong month for Indian equities, with the Nifty delivering an av