Turnover on NSE's F&O segment declines

Nifty November 2016 futures trade at premium to spot price

The Nifty November 2016 futures traded at 8458, a premium of 24.25 points compared with the Nifty's closing of 8,433.75 in the cash market. The December 2016 futures on the Nifty 50 index traded at 8507.95, a premium of 74.20 points compared with the Nifty's closing in the cash market. Turnover on the National Stock Exchange's futures & options (F&O) segment dropped to Rs 2.89 lakh crore from turnover of Rs 5.20 lakh crore registered yesterday, 3 November 2016.

In the cash market, the Nifty 50 index fell 51.20 points or 0.6% to settle at 8,433.75, its lowest closing level since 8 July 2016.

 

Vedanta, Sun Pharmaceutical Industries (Sun Pharma), ITC, Tata Motors and State Bank of India (SBI) were the top traded individual stock futures contracts in F&O segment of NSE. Vedanta November 2016 futures traded at 212, at a discount compared with spot closing of 212.90. Sun Pharma November 2016 futures traded at 656.70, at a premium over spot closing of 653.80. ITC November 2016 futures traded at 248.40, near spot closing of 247.85.

Tata Motors November 2016 futures traded at 513.25, at a discount compared with spot closing of 513.50. SBI November 2016 futures traded at 243.90, near spot closing of 243.10.

The November 2016 F&O contracts are set to expire on 24 November 2016. The December 2016 F&O contracts are set to expire on 29 December 2016.

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