Nifty August 2016 futures trade at premium to spot price

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Capital Market
Last Updated : Aug 17 2016 | 12:01 AM IST

Turnover on NSE's F&O segment rises

The August 2016 futures on the Nifty 50 index traded at 8657.10, at a premium of 14.55 points compared with Nifty's spot closing of 8,642.55 in the cash market. The Nifty September 2016 futures traded at 8705.10, a premium of 62.55 points compared with the spot closing for the index. Turnover on the National Stock Exchange's futures & options (F&O) segment increased to Rs 3.25 lakh crore from turnover of Rs 3.21 lakh crore registered on Friday, 12 August 2016. The stock market was closed yesterday, 15 August 2016, for a holiday.

In the cash market, the Nifty lost 29.60 points or 0.34% to settle at 8,642.55, its lowest closing level since 11 August 2016.

State Bank of India (SBI), Reliance Capital, Cipla, Hindalco Industries (Hindalco) and Reliance Infrastructure (RInfra) were the top traded individual stock futures contracts in F&O segment of NSE. SBI August 2016 futures traded at 246.55, near spot closing of 246.20. Reliance Capital August 2016 futures traded at 459.80, at a premium compared with spot closing of 458. Cipla August 2016 futures traded at 553.80, at a discount compared with spot closing of 554.

Hindalco August 2016 futures traded at 154.50, near spot closing of 154.45. RInfra August 2016 futures traded at 592, at a premium compared with spot closing of 590.35.

The August 2016 F&O contracts are set to expire on 25 August 2016. The September 2016 F&O contracts are set to expire on 29 September 2016.

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First Published: Aug 16 2016 | 4:18 PM IST

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