Nifty September futures trade at premium to spot price
The August 2016 futures on the Nifty 50 index traded at 8,654.50, at a premium of 4.20 points compared with Nifty's closing of 8,650.30 in the cash market. The Nifty September 2016 futures traded at 8,704.50, at a premium of 54.20 points compared with the spot closing for the index. Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 4.8 lakh crore from turnover of Rs 4.51 lakh crore registered yesterday, 23 August 2016.
In the cash market, the Nifty rose 17.70 points or 0.21% to settle at 8,650.30, its highest closing level since 19 August 2016.
Aurobindo Pharma, HDFC Bank, State Bank of India (SBI), Maruti Suzuki India and HPCL were the top traded individual stock futures contracts in F&O segment of NSE. Aurobindo Pharma August 2016 futures traded at 787.80, at a premium compared with spot closing of 787.50. HDFC Bank August 2016 futures traded at 1,262.95, at a premium compared with spot closing of 1,262.25. SBI August 2016 futures traded at 254.50, at a premium compared with spot closing of 254.15.
Maruti Suzuki India August 2016 futures traded at 4,947.05, at a premium compared with spot closing of 4,941.15. HPCL August 2016 futures traded at 1,171.80, at a discount compared with spot closing of 1,172.
The August 2016 F&O contracts are set to expire tomorrow, 25 August 2016. The September 2016 F&O contracts are set to expire on 29 September 2016.
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