Nifty Futures trade at minor discount

Image
Capital Market
Last Updated : Feb 07 2020 | 5:31 PM IST

SBI, RIL and Aurobindo Pharma top traded stock futures in NSE's F&O segment.

The Nifty February 2020 futures were at 12,083.25, a discount of 3.15 points compared with the Nifty's closing of 12,086.40 in the cash market.

In the cash market, the Nifty 50 index was down 51.55 points or 0.42% to 12,086.40.

Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 8.06 lakh crore compared with Rs 35.44 lakh crore reported in the previous session.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, declined 0.05% to 13.7725.

On the options front, the Nifty option chain for 27 February 2020 expiry showed maximum call open interest (OI) of 26.73 lakh contracts at the 12,500 strike price. Maximum put OI of 31.87 lakh contracts was seen at 12,000 strike price.

The option chain indicates that Nifty will hover between 12,000 and 12,500 in the February 2020 series.

State Bank of India (SBI), Reliance Industries (RIL) and Aurobindo Pharma were top traded individual stock futures contracts in F&O segment of NSE for February expiry.

SBI February 2020 futures were at 320.85, compared with spot closing price of 319.80. RIL February 2020 futures were at 1,435.35, compared with spot closing price of 1432. Aurobindo Pharma February 2020 futures were at 543.35, compared with spot closing price of 542.80.

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: Feb 07 2020 | 4:42 PM IST

Next Story