Nifty September futures trade at premium to spot price

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Capital Market
Last Updated : Aug 31 2016 | 12:01 AM IST

F&O turnover surges

The September 2016 futures on the Nifty 50 index traded at 8,803.80, at a premium of 59.45 points compared with Nifty's closing of 8,744.35 in the cash market. The Nifty October 2016 futures traded at 8,840, at a premium of 95.65 points compared with the spot closing for the index. Turnover on the National Stock Exchange's futures & options (F&O) segment surged to Rs 3.22 lakh crore from turnover of Rs 2.29 lakh crore registered yesterday, 29 August 2016.

In the cash market, the Nifty rose 136.90 points or 1.59% to settle at 8,744.35, its highest closing level since 15 April 2015.

Maruti Suzuki India, Yes Bank, State Bank of India (SBI), Reliance Capital and Aditya Birla Nuvo were the top traded individual stock futures contracts in F&O segment of NSE. Maruti Suzuki India September 2016 futures traded at 5067, at a premium compared with spot closing of 5060.05. Yes Bank September 2016 futures traded at 1361.90, at a premium compared with spot closing of 1355.15. SBI September 2016 futures traded at 253.95, at a premium compared with spot closing of 252.20.

Reliance Capital September 2016 futures traded at 523.40, at a premium compared with spot closing of 529.20. Aditya Birla Nuvo September 2016 futures traded at 1370.95, at a premium compared with spot closing of 1362.

The September 2016 F&O contracts are set to expire on 29 September 2016. The October 2016 F&O contracts are set to expire on 27 October 2016.

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First Published: Aug 30 2016 | 4:16 PM IST

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