Traders roll over fewer positions to November F&O series

Traders roll over fewer positions to November F&O series

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Some in the market believe that re-election of Donald Trump as US President would mean continuity in policies and he is considered to be more market-friendly.

Synopsis

Derivative analysts said the bullish bias is intact as the index has gained 8 per cent in the October series but some positions were liquidated ahead of expiry as wild market swings are expected around the US elections on November 3.

Mumbai: Jittery traders carried forward fewer futures positions to the November series on expiry of the October contracts on Thursday amid uncertainty over the outcome of the US Presidential election next week and concerns over the second wave of coronavirus-led restrictions in Europe. Derivative analysts said the bullish bias is intact as the index has gained 8 per cent in the October series but some positions were liquidated ahead of expiry as

BY

ET Bureau

3 mins read, Last Updated:

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