Nifty F&O rollovers flag 'Neutral' bias; IT, telecom positive: Analysts
Indian markets moved lower.
· Business Standard Mkts
Nifty rollover to the November series was below its three-month average, and the cost of carry also declined, said Dharmesh Bhatt of Systematix Institutional Research.
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- A market-wide development: it reaches beyond any single stock.
- Sectors in the story: Telecom & Media.
Telecom & Media
1M -0.2% · 3M +0.9%
Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Mid Smallcaps under pressure; Suzlon, Swiggy, STL, HFCL slip up to 10%
Zee Entertainment Q2 profit drops 40% to Rs 46 crore as EBITDA margin contracts to 3.2%
Acutaas Chemicals among 5 stocks hitting 52-week highs; rallied up to 18% in a month
Jio posts about 14% profit rise in first results since blockbuster debut
Zee Ent's consolidated net profit down 37.5% in Q2 on lower margins