F&O cues: Positive rollover may help Nifty cross 11,600 comfortably

With the Nifty50 index witnessing selling pressure around 11,550 levels, the next month scenario seems more exciting with turbulence hitting lower grounds. Several stocks are witnessing positive rollovers as positions switch to April expiry.

The highest premium is being witnessed in Torrent Power and Adani Enterprises with their prices getting one per cent costlier. On the negative side, Jet Airways (India), V-Guard Industries and TVS Motor Company have seen a discounted premium for April series.

Stocks like YES Bank, HDFC and TCS are witnessing higher open interest (OI) for April series. Major private banks such as Axis Bank and ICICI Bank are