Stocks with uptick in rollover activity on the D-2

JSW Steel (JSTL IN): On the D-2, rollovers stand at 61% as against 12% on the D-3.The open interest is currently at ~5.98 mn shares. Long aggression was seen during the day a roll levels moved from ~70bps (profit to short rollers) to ~80bps towards the end.

HDFC Bank (HDFCB IN): Rollovers picked up to ~54% as compared to 28% on D-3.The counter holds an OI of ~42.4mn shares. The stock has been in the news on account of its proposed fund raising plans. Long roll aggression was evident as roll levels were ~100-105bps (profit to short roller).

Reliance Industries (RIL IN): Rollovers picked up to ~45% as compared to 21% on D-3. The counter holds an OI of ~37mn shares. Roll levels (profit to short roller) were ~85-90bps during the day.

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