Nifty January 2017 futures trade at premium over spot closing

Turnover on NSE's F&O segment rises

The January 2017 futures on the Nifty 50 index traded at 8,430, at a premium of 13 points compared with the Nifty's closing of 8,417 in the cash market. The February 2017 futures on the Nifty 50 index traded at 8,453.25, a premium of 36.25 points compared with the Nifty's closing in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 4.44 lakh crore from Rs 3.53 lakh crore registered yesterday, 17 January 2017.

In the cash market, the Nifty 50 index rose 19 points or 0.23% to settle at 8,417, its highest closing level since 10 November 2016.

 

Tata Steel, Vedanta, United Spirits, Yes Bank and Tata Motors were the top traded individual stock futures contracts in F&O segment of NSE. Tata Steel January 2017 futures traded at 468.50, at a discount from spot closing of 468.95. Vedanta January 2017 futures traded at 244.45, at a slight discount from spot closing of 244.50. United Spirits January 2017 futures traded at 2122, at a premium over spot closing of 2112.

Yes Bank January 2017 futures traded at 1351.70, at a premium over spot closing of 1347.15. Tata Motors January 2017 futures traded at 524.25, at a premium over spot closing of 522.50

The January 2017 F&O contracts are set to expire on 25 January 2017. The February 2017 F&O contracts are set to expire on 23 February 2017.

Powered by Capital Market - Live News