Dalal Street will begin the March futures & options (F&O) series on Friday, a day after the Nifty50 index ended the February series with a loss of 862.2 points or five percent. The 50-scrip index moved within a range of 1,591.4 points in the monthly series gone by.
The 30-scrip index Sensex lost 2,747 points or 4.8 percent during this period.
Rollovers
The Nifty's February-March rollovers are at 77.2 percent as against a three-month average of 78.7 percent.
| Month | Rollovers (%) | OI at start of series (crore shares) | FII long exposure in index futures (%) |
| March | 77 | 1.1 | 48 |
| February | 75 | 1.03 | 33 |
| January | 79 | 0.96 | 66 |
| December | 83 | 1.05 | 70 |
| November | 82 | 1.04 | 54 |
Key triggers for March F&O series
Foreign institutional investors' longs are at 48 percent at the beginning of the March series. Here's how the 50-scrip index has fared in the December series in the past:
| Series | Nifty change (absolute) | Change (%) |
| Mar-21 | -773 | -5.1 |
| Mar 20 | -2,992 | -29.7 |
| Mar 19 | 778 | 7.2 |
The Nifty has lost a total of 1,609 points in four back-to-back monthly series. Here's how the index has fared in the recent series:
| Series | Nifty change (absolute) |
| Feb '22 | -862 |
| Jan '22 | -94 |
| Dec '21 | -332 |
| Nov '21 | -321 |
| Oct '21 | 239 |
(Edited by : Sandeep Singh)
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