You are here: Home » News-CM » Equities » Futures
Business Standard

Nifty July futures trade at discount

Capital Market 

India VIX declines further to 25.69 mark.

The Nifty July 2020 were at 10,568, a discount of 39.35 points as compared with the spot closing at 10,607.35.

Turnover on the National Stock Exchange's & options (F&O) segment was at Rs 7.92 lakh crore compared with Rs 34.58 lakh crore in the previous session.

In the cash market, the Nifty 50 index gains 55.65 points or 0.53% to 10,607.35.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slumped 3.06% to 25.695.

On the options front, the Nifty option chain for 30 July 2020 expiry showed maximum call open interest (OI) of 22.92 lakh at the 11,500 strike price. Maximum put OI of 30.72 lakh contracts was seen at 10,000 strike price.

Reliance Industries (RIL), Bharti Airtel and Bajaj Finance were the top traded individual stock contracts in F&O segment of NSE. RIL July 2020 futures were at 1,787.50, compared with spot closing price of 1788. Bharti Airtel July 2020 futures were at 582 compared with spot closing price of 581.25. Bajaj Finance July 2020 futures were at 2929, compared with spot closing price of 2932.

The F&O contracts for July will expire on 30 July 2020.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, July 03 2020. 16:25 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU