HDFC Bank December futures trade at discount

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Capital Market
Last Updated : Dec 08 2017 | 4:16 PM IST

Turnover on NSE's F&O segment drops

The Nifty December 2017 futures traded at 10290, a premium of 24.35 points over Nifty's spot closing of 10265.65 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment declined to Rs 3.71 lakh crore, compared with the turnover of Rs 11.62 lakh crore registered in the previous session.

In the cash market, the Nifty 50 index advanced 98.95 points or 0.97% to settle at 10,265.65.

Tata Steel, Maruti Suzuki India (MSIL), Tata Motors, HDFC Bank and Bharti Airtel were the top traded individual stock futures contracts in F&O segment of NSE. Tata Steel December 2017 futures traded at 697.30, at a premium over spot closing of 694.05. MSIL December 2017 futures traded at 9081, at a premium over spot closing of 9064.90.

Tata Motors December 2017 futures traded at 412.60, at a premium over spot closing of 410.85. HDFC Bank December 2017 futures traded at 1838.75, at a discount compared with spot closing of 1842.25. Bharti Airtel December 2017 futures traded at 525.05, at a premium over spot closing of 523.80.

The December 2017 F&O contracts expire on 28 December 2017.

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First Published: Dec 08 2017 | 4:02 PM IST

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