Futures End At Premium

Derivatives tracked the cash market on the NSE and ended lower. However, all the three futures ended at a premium to the underlying. Nifty August futures closed 1.30 points lower at 958.75 as against a loss of 2.95 pooints in S&P CNX Nifty at 954.75.

Volumes in the August Nifty futures moved up at 6912 contracts. Open interest in the near-month August futures inched up 4 per cent to 9,909 contracts, while that in the September futures declined 0.28 per cent to 359 contracts.

The highest volumes in Nifty options with 148 contracts traded was in the Nifty August call at 960. Other call options among the top-traded were at strikes of 980, 950, 970 and 940.

The highest-traded put option was the August put at 940. Other put options were traded at strikes of 950, 990 and 980.

Satyam Computer continues to be the most favoured counter in stock options. Its August call, at 200 with 632 contracts, was the top traded one. The top five strikes belonged to Satyam. Reliance was the other counter in demand. Its August call, at a strike price of 240, logged 300 contracts.

In the futures segment also, Satyam was the most traded stock future. The futures ended at a slight premium to the underlying stocks. Tech stocks continued to be in demand. The stock futures of Infosys and Digital ended at the same levels as that of underlyings. However, Reliance futures ended at a discount to the underlying.