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

Nifty Oct futures trade at discount; VIX spurts 9%

Capital Market 

Turnover jumped in the F&O segment due to expiry of weekly index options.

The Nifty October 2020 were at 11,675, a discount of 5.35 points compared with the Nifty's spot closing of 11,680.35.

Turnover on the National Stock Exchange's & options (F&O) segment was Rs 58.24 lakh crore compared with Rs 23.32 lakh crore in the previous session.

In the cash market, the Nifty 50 index slumped 290.7 points, or 2.43% to 11,680.35.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 9.14% to 22.0575.

The Nifty option chain for near expiry, 22 October 2020 showed maximum call open interest (OI) of 26.53 lakh contracts at the 12,500 strike price. Maximum put OI of 14.77 lakh contracts was seen at 11,000 strike price.

The Nifty option chain for 29 October 2020 expiry showed maximum call open interest (OI) of 24.33 lakh contracts at the 12,500 strike price. Maximum put OI of 34 lakh contracts was seen at 10,500 strike price.

Infosys RIL and Bajaj Finance were the top traded individual stock contracts in F&O segment of NSE.

The October 2020 F&O contracts will expire on 29 October 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: Thu, October 15 2020. 16:40 IST