Nifty 50 enters March series with lower OI; FII shorts reduce sharply

Nifty’s February series rollover stood at 68.2%, falling below the previous expiry’s 70.8% and the three- and six-month averages of 70.6% and 75.6%, as the March series commenced with 142.73 lakh shares in open interest (OI), reflecting a decline of 31.54 lakh shares despite a 1% rise in prices.

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