SBI November 2016 futures trade at premium to spot price

Image
Capital Market
Last Updated : Nov 21 2016 | 5:01 PM IST

Nifty December 2016 futures trade at premium

The Nifty December 2016 futures traded at 7,998.10, a premium of 69 points compared with the Nifty's closing of 7,929.10 in the cash market. The November 2016 futures on the Nifty 50 index traded at 7,959.35, a premium of 30.25 points compared with the Nifty's closing in the cash market. Turnover on the National Stock Exchange's futures & options (F&O) segment stood to Rs 5.69 lakh crore.

In the cash market, the Nifty 50 index lost 145 points or 1.8% to settle at 7,929.10, its lowest closing level since 24 May 2016.

State Bank of India (SBI), Vedanta, HDFC Bank, ICICI Bank, and Punjab National Bank (PNB) were the top traded individual stock futures contracts in F&O segment of NSE. SBI November 2016 futures traded at 259.05, at a premium compared with spot closing of 258.50. Vedanta November 2016 futures traded at 197.40, at a discount from spot closing of 197.50. HDFC Bank November 2016 futures traded at 1200.60, at a premium compared with spot closing of 1199.95.

ICICI Bank November 2016 futures traded at 260.70, at a premium over spot closing of 260.30. PNB November 2016 futures traded at 136.80, near spot closing of 136.70.

The November 2016 F&O contracts are set to expire on Thursday, 24 November 2016. The December 2016 F&O contracts are set to expire on 29 December 2016.

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: Nov 21 2016 | 4:17 PM IST

Next Story