Sensex, Nifty50 off to a cautious start ahead of September F&O expiry
Marketwide rollovers stood at 56 per cent till Wednesday, which was in line with the average rollover of 56 per cent seen in last three series. NEW DELHI: Benchmark indices opened on a cautious note on Thursday ahead of the expiry of September series futures and options contracts later in the day. Global cues were firm but a persistent weakness in rupee weighed on market sentiment. At 9.23 am, the BSE Sensex was trading 6 points, or 0.02 per cent, lower at 31,153. The index was down nearly 50 points in morning trade. The Nifty50 was ruling at 9,726.70, down 9.05 points, or 0.09 per cent. The midcap and smallcap indices were trading flat. Marketwide rollovers stood at 56 per cent till Wednesday, which was in line with the average rollover of 56 per cent seen in last three series. Nifty rollovers at 46 per cent were slightly lower than 46 per cent, the average for last three month rollovers. "Short roll aggression from the domestic arbitrageurs coupl