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Adani rollovers show market not panicky

Mint Mumbai

|

September 04, 2023

MUMBAI arkets do not seem to be showing major concern over the recent allegations against the Adani Group, which is evident from the derivative positions rolled over at the end of the August contract series.

- Ram Sahgal

Adani rollovers show market not panicky

A position refers to outstanding short or long trade that is carried forward to next series. When significant number of shares are rolled over and prices increase, it signals bullish sentiment. If number of shares is high but prices fall, it shows bearish sentiment.

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