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Nifty September futures at discount

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Capital Market

ICICI Bank September futures trade at premium to spot price

The September 2015 futures on the 50-unit CNX Nifty index traded at 7869, a discount of 3.25 points compared with Nifty's closing of 7872.25 in the cash market.

In the cash market, the Nifty rose 82.95 points or 1.06% to settle at 7,872.25, its highest closing level since 31 August 2015.

ICICI Bank, Axis Bank, State Bank of India, Tata Steel and HDFC Bank were the top traded individual stock futures contracts on the futures & options (F&O) segment of NSE.

ICICI Bank September 2015 futures traded at 272.10, a premium to the stock's closing price of 271.80 in the cash market.

 

Axis Bank September 2015 futures traded at 496.20, near spot closing of 495.95.

State Bank of India September 2015 futures traded at 235.60, a premium to the stock's closing price of 235.30.

Tata Steel September 2015 futures traded at 241.50, a premium to the stock's closing price of 241.

HDFC Bank September 2015 futures traded at 1018.90, at a small discount compared to spot closing of 1019.

The September 2015 F&O contracts are set to expire on 24 September 2015.

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First Published: Sep 14 2015 | 4:14 PM IST

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