Reliance Infrastructure, Reliance Capital September futures trade at discount to spot price

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Capital Market
Last Updated : Sep 02 2016 | 4:47 PM IST

Turnover drops sharply

The September 2016 futures on the Nifty 50 index traded at 8843.90, at a premium of 34.25 points compared with Nifty's closing of 8809.65 in the cash market. The Nifty October 2016 futures traded at 8881.30, a premium of 71.65 points compared with the spot closing for the index. Turnover on the National Stock Exchange's futures & options (F&O) segment dropped to Rs 2.09 lakh crore from turnover of Rs 4.83 lakh crore registered yesterday, 1 September 2016.

In the cash market, the Nifty rose 35 points or 0.4% to settle at 8,809.65, its highest closing level since 13 April 2015.

Reliance Infrastructure, Reliance Industries, Reliance Capital, Tata Motors, Yes Bank and Maruti Suzuki India were the top traded individual stock futures contracts in F&O segment of NSE. Reliance Infrastructure September 2016 futures traded at 607.40, at a discount compared with spot closing of 611.75. Reliance Industries September 2016 futures traded at 1020.05, at a premium over spot closing of 1013. Reliance Capital September 2016 futures traded at 536.40, at a discount compared with spot closing of 542.65.

Tata Motors September 2016 futures traded at 552.70, at a premium compared to spot closing of 549.50. Yes Bank September 2016 futures traded at 1389.55, at a discount compared with spot closing of 1391. Maruti Suzuki India September 2016 futures traded at 5187.75, at a premium compared to spot closing of 5165.

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: Sep 02 2016 | 4:22 PM IST

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