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Nifty March futures trade at minor discount

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Capital Market

Turnover on NSE's F&O segment drops

The Nifty March 2018 futures traded at 10357.55, at a discount of 1.30 points from Nifty's spot closing of 10358.85 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment dropped to Rs 4.77 lakh crore, compared with the turnover of Rs 13.18 lakh crore registered in the previous session.

In the cash market, the Nifty 50 index declined 99.50 points or 0.95% to settle at 10,358.85.

Jindal Steel & Power (JSPL), Tata Steel, Reliance Industries (RIL), State Bank of India (SBI) and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE. JSPL March 2018 futures traded at 239.90, at a premium over spot closing of 238.40. Tata Steel March 2018 futures traded at 651.70, at a discount from spot closing of 655.70.

 

RIL March 2018 futures traded at 926.60, at a premium over spot closing of 922.65. SBI March 2018 futures traded at 263.70, at a premium over spot closing of 263.15. ICICI Bank March 2018 futures traded at 305.25, at a premium over spot closing of 303.60.

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

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First Published: Mar 05 2018 | 4:20 PM IST

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