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Axis Bank September futures trade at premium to spot price

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Capital Market

Nifty September futures trade at premium to spot price

The September 2015 futures on the 50-unit CNX Nifty index traded at 7831.40, a premium of 43.30 points over Nifty's closing of 7,788.10 in the cash market.

In the cash market, the Nifty dropped 30.50 points or 0.39% to settle at 7,788.10, its lowest closing level since 8 September 2015.

Ceat, Maruti Suzuki India, State Bank of India (SBI), Axis Bank and L&T were the top traded individual stock futures contracts on the futures & options (F&O) segment of NSE.

Ceat September 2015 futures traded at 1197.80, a discount to the stock's closing price of 1205 in the cash market.

 

Maruti Suzuki India September 2015 futures traded at 4329, at a premium over spot closing of 4309.10.

SBI September 2015 futures traded at 230.35, near spot closing of 229.60.

Axis Bank September 2015 futures traded at 488.50, at a premium over spot closing of 486.10.

L&T September 2015 futures traded at 1624, near spot closing of 1623.

The September 2015 F&O contracts are set to expire on 24 September 2015.

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First Published: Sep 10 2015 | 4:14 PM IST

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