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Axis Bank July 2016 futures at discount to spot price

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Capital Market
Last Updated : Jul 05 2016 | 4:47 PM IST

Turnover on NSE's F&O segment rises

The July 2016 futures on the Nifty 50 index traded at 8,352, at a premium of 16.05 points compared with Nifty's closing of 8,335.95 in the cash market. The Nifty August 2016 futures traded at 8,388.75, at a premium of 52.80 points compared with the spot closing for the index. Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 1.93 lakh crore from turnover of Rs 1.77 lakh crore registered yesterday, 4 July 2016.

In the cash market, the Nifty 50 index fell 34.75 points or 0.42% to settle at 8,335.95, its lowest closing level since 1 July 2016.

Reliance Infrastructure, State Bank of India (SBI), Reliance Capital, Reliance Industries and Axis Bank were the top traded individual stock futures contracts in F&O segment of NSE. Reliance Infrastructure July 2016 futures traded at 569.85, at a premium compared with spot closing of 565.40. SBI July 2016 futures traded at 223.15, near spot closing of 223. Reliance Capital July 2016 futures traded at 412.90, at a premium compared with spot closing of 410.

Reliance Industries July 2016 futures traded at 998, at a premium compared with spot closing of 991.20. Axis Bank July 2016 futures traded at 538, at a discount compared to spot closing of 539.15.

The July 2016 F&O contracts are set to expire on 28 July 2016. The August 2016 F&O contracts are set to expire on 25 August 2016.

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First Published: Jul 05 2016 | 4:14 PM IST

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