New Delhi [India]: The market on Friday witnessed a surge in its trade with the Sensex and Nifty hitting an all time high of 30,862.63 and 9,534.75 respectively.
Beating the analysts’ expectations, the market-wide rollover of futures and options (F&O) contracts stood at 76 per cent, which were higher than the average of 75 per cent seen during the comparable period of last three series.
However, the Rollover of the Nifty futures stood at 74 per cent, which were higher compared with the average rollover of 69 per cent seen in last three series.
Stocks such Asian Paints and Tata Steel emerged as the top gainers, while Cipla’s market performance saw a steep decline to Rs 481.95, registering a 4.39 percent fall, reported Economic Times.
The Indian Rupee opened at 64.56 against the US Dollar after closing at 64.62 yesterday. The dollar index, which tracks the US dollar against a basket of six major rivals, was down 0.1 percent following Wednesday’s Fed minutes which reduced expectations of the central bank hiking interest rates soon. (ANI)