Turnover on NSE's F&O segment rises sharply
The February 2016 futures on the 50-unit Nifty 50 index traded at 7452, a premium of 27.35 points compared with Nifty's closing of 7424.65 in the cash market. The Nifty March 2016 futures traded at 7467.40, a premium of 42.75 points compared with the spot closing for the index. The January 2016 derivatives contracts expired today, 28 January 2016. Turnover on the National Stock Exchange's futures and options (F&O) segment rose sharply to Rs 5.35 lakh crore from turnover of Rs 4.22 lakh crore registered during the previous trading session.
In the cash market, the Nifty shed 13.10 points or 0.17% to settle at 7,424.65, its lowest closing level since 22 January 2016.
HDFC Bank, Reliance Industries (RIL), L&T, Maruti Suzuki India, Axis Bank and ICICI Bank were listed among top traded individual stock futures contracts on the futures & options (F&O) segment of NSE. HDFC Bank February 2016 futures traded at 1039, near spot closing of 1034.15. RIL February 2016 futures traded at 1021.85, at a premium compared with spot closing of 1015.50. L&T February 2016 futures traded at 1077.50, near spot closing of 1074.25.
Maruti February 2016 futures traded at 4,103, at a discount compared with spot closing of 4109. Axis Bank February 2016 futures traded at 410.55, near spot closing of 408.30. ICICI Bank February 2016 futures traded at 233.45, near spot closing of 233.25.
The February 2016 F&O contracts are set to expire on 25 February 2016. The March 2016 F&O contracts are set to expire on 31 March 2016.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app