The Nifty witnessed extremely high volumes due to higher volatility and roll-over of positions to the September series. Nifty August futures traded at a huge premium of 12 points to the spot Nifty.
Nifty futures in the September series, which were trading at a discount of five to six points to the spot Nifty, ended the day at a premium of nine points.
August Nifty futures gained 57.50 points to close at 1331.00, while the NSE S&P CNX Nifty index settled at 1332.05.
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September Nifty gained 55.95 points to close at 1327.00. Nifty futures saw a trading volume of Rs 2082.68 crore arising out of 80,054 contracts.
Meanwhile, the total turnover on National Stock Exchange