Nifty January 2016 futures trade at premium to spot price

Turnover on NSE's F&O segment rises

The January 2016 futures on the 50-unit Nifty 50 index traded at 7930.85, at a premium of 34.60 points compared with Nifty's closing of 7896.25 in the cash market. Nifty December 2015 futures which expire this week, traded at 7905, at a premium of 8.75 points compared with Nifty's closing of 7896.25 in the cash market. Turnover on the National Stock Exchange's futures and options (F&O) segment rose to Rs 3.24 lakh crore from turnover of Rs 3.07 lakh crore registered during the previous trading session.

In the cash market, the Nifty lost 32.70 points or 0.41% to settle at 7,896.25, its lowest closing level since 24 December 2015.

Axis Bank, Reliance Infrastructure, Tata Steel, Reliance Industries and State Bank of India were the top traded individual stock futures contracts on the futures & options (F&O) segment of NSE.

Axis Bank December 2015 futures traded at 454.50, at a discount compared to spot closing of 455.50.

Reliance Infrastructure December 2015 futures traded at 514.80, at a discount compared to spot closing of 515.30.

Tata Steel December 2015 futures traded at 257.70, at a discount compared to spot closing of 258.80.

Reliance Industries December 2015 futures traded at 1004.30, at a premium over the stock's spot closing of 1003.45.

State Bank of India December 2015 futures traded at 226.40, at a premium over the stock's spot closing of 225.95.

The December 2015 F&O contracts are set to expire tomorrow, 31 December 2015. The January 2016 F&O contracts are set to expire on 28 January 2016.

Powered by Capital Market - Live News