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Tuesday, 4 September 2012

Derivatives Daily Update: September 3 2012

Lackluster Day: September 3, 2012

Nifty September Futures closed at 5282.90 down y 8.75 points. Bank Nifty closed at 10032.65 down by 38.05 points. Open Interest in Nifty was up by 2.10 lakh shares at 2.08 Cr shares. Turnover was slightly lower than yesterday. It was a lackluster day without ant fanfare in the market.

I stick to my earlier stance and nothing has changed which can influence that view.

Happy Trading

Atul Doshi

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