Nifty August 2016 futures trade at premium to spot price

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Capital Market
Last Updated : Sep 27 2016 | 4:47 PM IST

Turnover on NSE's F&O segment spurts

The August 2016 futures on the Nifty 50 index traded at 8730, premium of 23.60 points compared with Nifty's closing of 8706.40 in the cash market. The Nifty September 2016 futures traded at 8775, a premium of 68.60 points compared with the spot closing for the index.

Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 5.24 lakh crore from turnover of Rs 4.85 lakh crore registered yesterday, 26 September 2016.

In the cash market, the Nifty fell 16.65 points or 0.19% to settle at 8,706.40, its lowest closing level since 29 August 2016.

Reliance Industries, State Bank of India, HDFC Bank, Axis Bank and Yes Bank were the top traded individual stock futures contracts in F&O segment of NSE. Reliance Industries August 2016 futures traded at 1110.10, at a premium compared with spot closing of 1110. State Bank of India August 2016 futures traded at 249.75, at a premium compared with spot closing of 248.95. HDFC Bank August 2016 futures traded at 1302, at a premium compared with spot closing of 1298.80.

Axis Bank August 2016 futures traded at 544.40, at a premium compared with spot closing of 542.75. Yes Bank August 2016 futures traded at 1247.95, at a discount compared with spot closing of 1248.

The September 2016 F&O contracts are set to expire on Thursday, 29 September 2016. The October 2016 F&O contracts are set to expire on 27 October 2016.

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First Published: Sep 27 2016 | 4:14 PM IST

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