Yes Bank September 2016 futures trade at premium to spot price

Turnover on NSE's F&O segment rises
The September 2016 futures on the Nifty 50 index traded at 8975.95, a premium of 23.45 points compared with Nifty's closing of 8952.50 in the cash market. The Nifty October 2016 futures traded at 9015.35, a premium of 62.85 points compared with the spot closing for the index.
Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 4.67 lakh crore from turnover of Rs 4.25 lakh crore registered yesterday, 7 September 2016.
In the cash market, the Nifty 50 index rose 34.55 points or 0.39% to settle at 8,952.50, its highest closing level since 3 March 2015.
Yes Bank, Bhel, Tata Steel, Maruti Suzuki India and Axis Bank were the top traded individual stock futures contracts in F&O segment of NSE. Yes Bank September 2016 futures traded at 1329.60, at a premium compared with spot closing of 1323.45. Bhel September 2016 futures traded at 156.50, at a premium compared with spot closing of 156.20. Tata Steel September 2016 futures traded at 404.15, at a premium compared with spot closing of 402.30.
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Maruti Suzuki India September 2016 futures traded at 5496.25, at a premium compared with spot closing of 5486.55. Axis Bank September 2016 futures traded at 632.20, at a premium compared with spot closing of 628.90.
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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First Published: Sep 08 2016 | 4:11 PM IST
