Nifty February 2017 futures trade at premium to spot closing

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Capital Market
Last Updated : Jan 09 2017 | 4:28 PM IST

Turnover on NSE's F&O segment declines

The January 2017 futures on the Nifty 50 index traded at 8253.15, at a premium of 17.10 points compared with the Nifty's closing of 8236.05 in the cash market. The February 2017 futures on the Nifty 50 index traded at 8280, a premium of 43.95 points compared with the Nifty's closing in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment declined to Rs 1.88 lakh crore from Rs 2.56 lakh crore registered on Friday, 6 January 2017.

In the cash market, the Nifty 50 index lost 7.75 points or 0.09% to settle at 8,236.05, its lowest closing level since 4 January 2017.

BEML, Yes Bank, Tata Motors, Infosys and Biocon were the top traded individual stock futures contracts in F&O segment of NSE. BEML January 2017 futures traded at 1149.25, at a discount compared with spot closing of 1150.45. Yes Bank January 2017 futures traded at 1257.20, at a premium compared with spot closing of 1256. Tata Motors January 2017 futures traded at 502.05, near spot closing of 501.25.

Infosys January 2017 futures traded at 974.35, at a premium over spot closing of 970. Biocon January 2017 futures traded at 1015.50, near spot closing of 1015.35.

The January 2017 F&O contracts are set to expire on 25 January 2017. The February 2017 F&O contracts are set to expire on 23 February 2017.

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First Published: Jan 09 2017 | 4:08 PM IST

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