RIL January 2016 futures trade at premium to spot price

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Capital Market
Last Updated : Jan 27 2016 | 11:15 PM IST

Turnover on NSE's F&O segment rises

The Nifty February 2016 futures traded at 7441, near the Nifty's closing of 7,437.75 in the cash market. The January 2016 futures traded at 7431.35, a discount of 5.90 points compared with the spot closing for the index. Turnover on the National Stock Exchange's futures and options (F&O) segment rose to Rs 4.22 lakh crore from turnover of Rs 3.67 lakh crore registered during the previous trading session.

In the cash market, the Nifty rose 1.60 points or 0.02% to settle at 7,437.75, its highest closing level since 15 January 2016.

HDFC Bank, Axis Bank, Reliance Industries, State Bank of India, ICICI Bank and Maruti Suzuki India were the top traded individual stock futures contracts on the futures & options (F&O) segment of NSE.

HDFC Bank January 2016 futures traded at 1034.50, at a slight discount compared with the stock's spot closing of 1034.90. Axis Bank January 2016 futures traded at 414.95, at a discount compared with spot closing of 415. Reliance Industries January 2016 futures traded at 999, at a premium compared with the stock's closing of 997 in the spot market.

State Bank of India January 2016 futures traded at 184.50, at a premium compared with spot closing of 184. ICICI Bank January 2016 futures traded at 236.75, at a slight discount compared with spot closing of 236.80. Maruti Suzuki India January 2016 futures traded at 4110, at a discount compared with spot closing of 4128.65.

The January 2016 F&O contracts are set to expire tomorrow, 28 January 2016. The February 2016 F&O contracts are set to expire on 25 February 2016.

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First Published: Jan 27 2016 | 4:25 PM IST

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