Nifty September futures trade at premium to spot price

F&O turnover jumps

The September 2016 futures on the Nifty 50 index traded at 8,877.95, at a small premium of 10.50 points compared with Nifty's closing of 8,867.45 in the cash market. The Nifty October 2016 futures traded at 8,919.60, a premium of 52.15 points compared with the spot closing for the index. Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 6.19 lakh crore from turnover of Rs 3.33 lakh crore registered yesterday, 21 September 2016.

In the cash market, the Nifty rose 90.30 points or 1.03% to settle at 8,867.45, its highest closing level since 8 September 2016.

 

Aurobindo Pharma, Reliance Infrastructure, Axis Bank, Yes Bank, and State Bank of India (SBI) were the top traded individual stock futures contracts in F&O segment of NSE. Aurobindo Pharma September 2016 futures traded at 857.45, at a premium compared with spot closing of 855.95. Reliance Infrastructure September 2016 futures traded at 611.80, at a discount over spot closing of 612.35. Axis Bank September 2016 futures traded at 592.65, at a premium over spot closing of 590.50.

Yes Bank September 2016 futures traded at 1,244.90, at a premium compared with spot closing of 1,243.05. SBI September 2016 futures traded at 258.25, at a premium over spot closing of 257.95.

The September 2016 F&O contracts are set to expire on 29 September 2016. The October 2016 F&O contracts are set to expire on 27 October 2016.

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