Nifty, Bank Nifty see higher rollover; Hero MotoCorp, HDFC Life find favour

However, the overall market wide position dipped below Rs 2.20 lakh crore for the first time in the last six months.

After two days of hectic trading activity, the focus has now clearly shifted to the upcoming monthly expiry for the last month of calendar year 2022. As of 09:50 AM, the Nifty December futures, which, expires this Thursday commanded 7 points premium; whereas the next month (January) futures traded at 110 points premium.

The Nifty futures, so far, this series has declined 2.7 per cent, and was seen testing the 18,000-mark.

"Nifty futures have seen a healthy rollover of 38 per cent to the next month series as of Monday as against 29 per cent in the previous comparative month.