Nifty August 2019 futures at premium

Image
Capital Market
Last Updated : Aug 08 2019 | 5:31 PM IST

RIL, SBI and Axis Bank most active in futures segment.

The Nifty August 2019 futures was at 11,073, a premium of 40.55 points compared with the Nifty's closing of 11,032.45 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 27.72 lakh crore compared with Rs 15.34 lakh crore reported in the previous session.

In the cash market, the Nifty 50 index rose 176.95 points or 1.63% to settle at 11,032.45.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 1.95% at 16.4125.

On the options front, the Nifty option chain for 29 August 2019 expiry showed maximum call open interest (OI) of 23.54 lakh contracts at the 11,500 strike price. Maximum put OI of 34.21 lakh contracts was seen at 11,000 strike price. Options data suggested a trading range between 11,000 and 11,500 levels for the Nifty.

Reliance Industries (RIL), State Bank of India (SBI) and Axis Bank were the top traded individual stock futures contracts in F&O segment of NSE.

Reliance Industries (RIL) August 2019 futures were at 1,159.60, compared with spot closing price of 1,156.65. State Bank of India (SBI) August 2019 futures were at 296.80, compared with spot closing price of 295.20. Axis Bank August 2019 futures were at 664.65 compared with spot closing price of 661.40.

The August 2019 F&O contracts expire on 29 August 2019.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Aug 08 2019 | 4:55 PM IST

Next Story