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Biocon December futures trade at discount

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Capital Market
Last Updated : Dec 04 2017 | 4:50 PM IST

Turnover on NSE's F&O segment drops

The Nifty December 2017 futures traded at 10166, a premium of 38.25 points over Nifty's spot closing of 10127.75 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment dropped to Rs 3.85 lakh crore, compared with the turnover of Rs 4.41 lakh crore registered in the previous session.

In the cash market, the Nifty 50 index rose 5.95 points or 0.06% to settle at 10,127.75, its highest closing level since 30 November 2017.

Biocon, Infosys, DLF, Tata Motors and Reliance Industries (RIL) were the top traded individual stock futures contracts in F&O segment of NSE. Biocon December 2017 futures traded at 505.60, at a discount compared with spot closing of 517. Infosys December 2017 futures traded at 985.40, near spot closing of 984.40.

DLF December 2017 futures traded at 231.35, at a premium over spot closing of 229.85. Tata Motors December 2017 futures traded at 406.10, at a premium over spot closing of 404.25. RIL December 2017 futures traded at 908, at a premium over spot closing of 902.60.

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The December 2017 F&O contracts expire on 28 December 2017.

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First Published: Dec 04 2017 | 4:21 PM IST

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