Nifty August futures trade at premium to spot price

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Capital Market
Last Updated : Jul 28 2016 | 4:47 PM IST

Maruti Suzuki India August 2016 futures trade at premium

The August 2016 futures on the Nifty 50 index traded at 8,697.75, a premium of 31.45 points compared with Nifty's closing of 8,666.30 in the cash market. The Nifty September 2016 futures traded at 8,746, a good premium of 79.70 points compared with the spot closing for the index. The July 2016 F&O contracts expired today, 28 July 2016. Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 7.59 lakh crore from turnover of Rs 6.86 lakh crore registered on Wednesday, 27 July 2016.

In the cash market, the Nifty rose 50.50 points or 0.59% to settle at 8,666.30, its highest closing level since 16 April 2015.

Punjab National Bank, Maruti Suzuki India, State Bank of India (SBI), Yes Bank, and Sun Pharmaceutical Industries were the top traded individual stock futures contracts in F&O segment of NSE. Punjab National Bank August 2016 futures traded at 128.90, at a premium compared with spot closing of 128.70. Maruti Suzuki India August 2016 futures traded at 4,772, at a premium compared with spot closing of 4,759. SBI August 2016 futures traded at 229.70, at a discount compared with spot closing of 230.20.

Yes Bank August 2016 futures traded at 1,229, at a premium compared with spot closing of 1,226. Sun Pharmaceutical Industries August 2016 futures traded at 829.05, at a premium compared with spot closing of 824.25.

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: Jul 28 2016 | 4:26 PM IST

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