PNB April 2017 futures trade at a discount from spot closing

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Capital Market
Last Updated : Apr 11 2017 | 4:47 PM IST

Turnover on NSE's F&O segment rises

The April 2017 futures on the Nifty 50 index traded at 9,267, at a premium of 30 points compared with the Nifty's spot closing of 9,237 in the cash market. Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 4.11 lakh crore from Rs 3.08 lakh crore registered during previous trading session.

In the cash market, the Nifty 50 index rose 55.55 points or 0.61% to settle at 9,237, its highest closing level since 6 April 2017.

Rural Electrification Corporation (REC), Power Finance Corporation (PFC), Reliance Industries (RIL), Karnataka Bank and Punjab National Bank (PNB) were the top traded individual stock futures contracts in F&O segment of NSE.

REC April 2017 futures traded at 206.90, at a premium over spot closing of 206.30. PFC April 2017 futures traded at 164.50, at a premium over spot closing of 163.80. RIL April 2017 futures traded at 1383, at a premium over spot closing of 1375.70.

Karnataka Bank April 2017 futures traded at 160.40, at a premium over spot closing of 159.40. PNB April 2017 futures traded at 155.25, at a discount from spot closing of 158.15.

The April 2017 F&O contracts will expire on 27 April 2017.

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First Published: Apr 11 2017 | 4:39 PM IST

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