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

Nifty May futures trade at premium

Topics
Business Finance

Capital Market 

Turnover spurts in F&O segment

The Nifty May 2020 were at 9,225, a premium of 28.45 points compared with the spot closing at 9,196.55.

Turnover on the National Stock Exchange's & options (F&O) segment was at Rs 10.73 lakh crore compared with Rs 8,29 lakh crore in the previous session.

In the cash market, the Nifty 50 index 42.65 points or 0.46% and closed at 9,196.55.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 0.4% to 38.1925.

On the options front, the Nifty option chain for 28 May 2020 expiry showed maximum call open interest (OI) of 24.42 lakh at the 10,000 strike price. Maximum put OI of 25.24 lakh contracts was seen at 9,000 strike price.

Reliance Industries (RIL), Hindustan Unilever and Bharti Airtel were the top traded individual stock contracts in F&O segment of NSE. RIL May 2020 futures were at 1,488.25, compared with spot closing price of 1486.45. HUL May 2020 futures were at 2,018 compared with spot closing price of 2013. Bharti Airtel May 2020 futures were at 559.95, compared with spot closing price of 559.90.

The F&O contracts for May will expire on 28 May 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: Tue, May 12 2020. 16:53 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU