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Banknifty June Future is trading at 70 point discount

Bank nifty future June expiry trading at a lesser price as compare to may expiry. We can get benefited from this? Bank nifty future 29th June 2017 expiry@22270 and 25th May 2017 expiry@23340 is having an arbitrage value of 70 point or 2800 in money term. Reason 1: This indicates the short term the market demand is more as compare to the long term. Reason 2: ...

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