ICICI Bank, SBI May 2017 futures at premium

Turnover on NSE's F&O segment surges

The May 2017 futures on the Nifty 50 index traded at 9,381, a premium of 21.10 points compared with the Nifty's spot closing of 9,359.90 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment surged to Rs 7.55 lakh crore from Rs 3.67 lakh crore registered during previous trading session.

In the cash market, the Nifty 50 index advanced 47.95 points or 0.51% to settle at 9,359.90, a record closing high for the index.

ICICI Bank, State Bank of India (SBI), Axis Bank, Canara Bank and Tata Steel were the top traded individual stock futures contracts in F&O segment of NSE.

ICICI Bank May 2017 futures traded at 298.25, at a premium over spot closing of 297.55. SBI May 2017 futures traded at 301.15, at a premium over spot closing of 299.80. Axis Bank May 2017 futures traded at 521.80, at a premium over spot closing of 518.

Canara Bank May 2017 futures traded at 387.90, at a discount from spot closing of 390.90. Tata Steel May 2017 futures traded at 444.80, at a premium over spot closing of 441.90.

The May 2017 F&O contracts will expire on 25 May 2017.

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