HDFC Bank, SBI September futures prices trade at discount to spot prices

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Capital Market
Last Updated : Sep 04 2015 | 4:47 PM IST

Turnover on NSE's F&O segment rises sharply

The September 2015 futures on the 50-unit CNX Nifty index traded at 7662.05, which was near Nifty's closing of 7655.05 in the cash market. Turnover on NSE's futures & options (F&O) segment surged to Rs 2.31 lakh crore from turnover of Rs 1.68 lakh crore registered yesterday, 3 September 2015.

In the cash market, the Nifty plunged 167.95 or 2.14% to settle at 7,655.05, its lowest closing level since 11 August 2014.

Among individual stock futures, HDFC Bank September 2015 futures traded at 997.80, at a discount compared with spot closing of 999.35

State Bank of India (SBI) September 2015 futures traded at 224.90, at a slight discount compared with spot closing of 225.

Axis Bank September 2015 futures traded at 470.30, near spot closing of 468.40.

ICICI Bank September 2015 futures traded at 259.25, near spot closing of 258.10.

The September 2015 F&O contracts are set to expire on 24 September 2015.

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First Published: Sep 04 2015 | 4:21 PM IST

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