Nifty December 2016 futures trade at premium

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Capital Market
Last Updated : Nov 19 2016 | 12:01 AM IST

ICICI Bank November 2016 futures trade at premium to spot price

The Nifty December 2016 futures traded at 8,115.50, a premium of 41.10 points compared with the Nifty's closing of 8,074.10 in the cash market. The November 2016 futures on the Nifty 50 index traded at 8,070, a discount of 4.10 points compared with the Nifty's closing in the cash market.

In the cash market, the Nifty 50 index shed 5.85 points or 0.07% to settle at 8,074.10, its lowest closing level since 26 May 2016.

State Bank of India (SBI), Vedanta, Punjab National Bank (PNB), ICICI Bank, and Yes Bank were the top traded individual stock futures contracts in F&O segment of NSE. SBI November 2016 futures traded at 276, at a premium compared with spot closing of 275.70. Vedanta November 2016 futures traded at 204.45, at a premium compared with spot closing of 203.90. PNB November 2016 futures traded at 150, at a premium compared with spot closing of 149.60.

ICICI Bank November 2016 futures traded at 264.50, at a premium over spot closing of 263.60. Yes Bank November 2016 futures traded at 1,180.10, almost same compared with spot closing of 1,180.

The November 2016 F&O contracts are set to expire on 24 November 2016. The December 2016 F&O contracts are set to expire on 29 December 2016.

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First Published: Nov 18 2016 | 4:21 PM IST

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