Nifty, Bank Nifty turn green after gapdown open; rollover data suggests negative sentiment lingers

Rollover data from JM Financial shows that Nifty rollovers were at 46 percent with a 0.8 roll cost, compared to 52 percent in the last series, indicating unwinding of long positions. Bank Nifty rollovers were 42 percent with a 0.9 roll cost, compared to 51 percent in the last series, indicating long unwinding. Read The Rest at :