SBI April 2017 futures trade at premium to spot closing

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Capital Market
Last Updated : Apr 26 2017 | 4:47 PM IST

Turnover on NSE's F&O segment rises

The May 2017 futures on the Nifty 50 index traded at 9364, a premium of 12.15 points compared with the Nifty's spot closing of 9351.85 in the cash market. The April 2017 futures on the Nifty 50 index traded at 9344.25, a discount of 7.60 points compared with the Nifty's spot closing.

Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 7.95 lakh crore from Rs 5.99 lakh crore registered during previous trading session.

In the cash market, the Nifty 50 index advanced 45.25 points or 0.49% to settle at 9,351.85, its record closing high.

HDFC Bank, Punjab National Bank (PNB), Axis Bank, State Bank of India (SBI) and Reliance Capital were the top traded individual stock futures contracts in F&O segment of NSE.

HDFC Bank April 2017 futures traded at 1546.30, at a discount to spot closing of 1552.95. PNB April 2017 futures traded at 163.60, at a discount compared with spot closing of 167. Axis Bank April 2017 futures traded at 516.35, near spot closing of 516.20.

SBI April 2017 futures traded at 286.30, at a premium over spot closing of 285.75. Reliance Capital April 2017 futures traded at 640.90, at a premium over spot closing of 640.55.

The May 2017 F&O contracts will expire on 25 May 2017. The April 2017 F&O contracts will expire tomorrow, 27 April 2017.

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First Published: Apr 26 2017 | 4:19 PM IST

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