Nifty rollover were 65% vs 70% last time

CNBC-TV18, Head Market Reserach Anlayst, Anuj Singhal : Nifty Open Interest in contract terms lowest at beginning of a series since December 2006. Nifty rollover were at 65% versus 70% seen last time. Nifty futures were at 2-point premium versus 70-point discount at beginning of July series. Nifty Open Interest PCR was at 1.30 versus 1.11 at beginning of July series

Tata Steel was up 3.6% with CoC up. Futures Open Interest was up 12%. Longs were seen across steel stocks.

Tata Motors was down 3% with futures down 5%. Futures Open Interest was up 19%. August future was at discount of 19 points.

Bharat Forge was up 5% with CoC surges. Futures Open Interest was up 27%. Fresh long positions were seen.

Sterling Bio was down 11% with rollover: 19%. Futures Open Interest was up 39%. 1.4 crore shares were in July left outstanding.

NSE F&O CUES

Initial Open Int(Rs cr)                Aug                         Jul

Total F&O                              52,125                   58,004

Index Futures                       12,125                   16,852

Index Options                       18,989                   17,987

Stock Futures                       19,957                   21,861

NSE F&O CUES

• Nifty Open Int in contract terms lowest at beginning of a series since December 2006
• Nifty rollover at 65% vs 70% seen last time
• Nifty futures at 2-point premium Vs 70-point discount at beginning of July Series
• Nifty Open Int PCR at 1.30 vs 1.11 at beginning of July series 

Tata Steel

• Stock up 3.6%; CoC up
• Futures Open Int up 12%
• Longs seen across steel stocks

Tata Motors

• Stock down 3%; fut down 5%
• Futures Open Int up 19%
• Aug fut discount of 19 points

Bharat Forge

• Stock up 5%; CoC surges
• Futures Open Int up 27%
• Fresh long positions seen

Sterling Bio

• Stock down 11%; rollover: 19%
• Futures Open Int up 39%
• 1.4 cr shrs in July left outstanding