Nifty April futures trade at premium to spot closing

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Capital Market
Last Updated : Mar 27 2017 | 5:01 PM IST

Turnover on NSE's F&O segment rises

The April 2017 futures on the Nifty 50 index traded at 9101.60, at a premium of 56.40 points compared with the Nifty's spot closing of 9045.20 in the cash market. The March 2017 futures on the Nifty 50 index traded at 9067.35, at a premium of 22.15 points compared with the Nifty's spot closing.

Turnover on the National Stock Exchange's futures & options (F&O) segment increased to Rs 5.14 lakh crore from Rs 3.89 lakh crore registered during previous trading session.

In the cash market, the Nifty 50 index lost 62.80 points or 0.69% at 9,045.20, its lowest closing level since 22 March 2017.

State Bank of India (SBI), Reliance Industries (RIL), Tata Steel, Punjab National Bank (PNB) and HDFC Bank were the top traded individual stock futures contracts in F&O segment of NSE.

SBI March 2017 futures traded at 279.15, at premium over spot closing of 278.90. RIL March 2017 futures traded at 1251.80, at premium over spot closing of 1248.50. Tata Steel March 2017 futures traded at 477.25, at premium over spot closing of 475.90.

PNB March 2017 futures traded at 145.45, at a discount compared with spot closing of 147.15. HDFC Bank March 2017 futures traded at 1415.35, at premium over spot closing of 1411.95.

The near-month March 2017 F&O contracts are set to expire on Thursday, 30 March 2017. The April 2017 F&O contracts will expire on 27 April 2017.

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First Published: Mar 27 2017 | 4:14 PM IST

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