Dalal Street is set to begin the December futures & options (F&O) series on Friday, a day after the Nifty50 index ended the November series with a loss of 321 points or 1.8 percent. That was the biggest fall in a monthly series since March 2021. The leaner, 30-scrip index Sensex lost 1,189.6 points -- or two percent -- during this period.
Rollovers
The Nifty's November-December rollovers are at 82.6 percent as against a three-month average of 81 percent.
| Month | Rollovers (%) | OI at start of series (crore shares) | FII long exposure in index futures (%) |
| December | 83 | 1.05 | 70 |
| November | 82 | 1.04 | 54 |
| October | 75 | 1.17 | 57 |
| September | 84 | 1.24 | 65 |
| August | 83 | 0.88 | 69 |
Key triggers for December F&O series
Foreign institutional investors' longs are at 70 percent at the beginning of the December series. Here's how the 50-scrip index has fared in the December series in the past:
| Series | Nifty change (absolute) | Change (%) |
| Dec-20 | 995 | 9.7 |
| Dec-19 | -25 | -0.2 |
| Dec-18 | -79 | 0.7 |
The Nifty50 benchmark has not seen four consecutive positive series in a row for a while now. Here's how the Nifty has fared in the recent series:
| Series | Nifty change (absolute) |
| Nov-21 | -321 |
| Oct-21 | 239 |
| Sept-21 | 981 |
| Aug-21 | 859 |
| Jul-21 | -12 |
(Edited by : Sandeep Singh)
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