SBI March futures trade at premium

Image
Capital Market
Last Updated : Feb 28 2018 | 4:31 PM IST

Turnover on NSE's F&O segment surges

The Nifty March 2018 futures traded at 10520, at a premium of 27.15 points over Nifty's spot closing of 10492.85 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment surged to Rs 7.78 lakh crore, compared with the turnover of Rs 5.55 lakh crore registered in the previous session.

In the cash market, the Nifty 50 index declined 61.45 points or 0.58% to settle at 10,492.85, its lowest closing level since 23 February 2018.

Punjab National Bank (PNB), Reliance Industries (RIL), State Bank of India (SBI), ICICI Bank and Biocon were the top traded individual stock futures contracts in F&O segment of NSE. PNB March 2018 futures traded at 101.70, near spot closing of 101.40. RIL March 2018 futures traded at 953.50, at a premium over spot closing of 951.

SBI March 2018 futures traded at 269.15, at a premium over spot closing of 267.95. ICICI Bank March 2018 futures traded at 315.80, at a premium over spot closing of 314. Biocon March 2018 futures traded at 625.10, at a discount compared with spot closing of 627.35.

The March 2018 F&O contracts expire on 28 March 2018.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 28 2018 | 4:15 PM IST

Next Story