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Canara Bank January 2017 futures trade at discount from spot price

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Capital Market
Last Updated : Jan 20 2017 | 8:02 PM IST

Turnover on NSE's F&O segment falls

The January 2017 futures on the Nifty 50 index traded at 8,363, at a premium of 13.65 points compared with the Nifty's closing of 8,349.35 in the cash market. The February 2017 futures on the Nifty 50 index traded at 8,388, a premium of 39.65 points compared with the Nifty's closing in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment fell to Rs 4.16 lakh crore from Rs 5.40 lakh crore registered yesterday, 19 January 2017.

In the cash market, the Nifty 50 index lost 85.75 points or 1.02% to settle at 8,349.35, its lowest closing level since 10 January 2017.

Axis Bank, Yes Bank, State Bank of India (SBI), Canara Bank and Tata Steel were the top traded individual stock futures contracts in F&O segment of NSE. Axis Bank January 2017 futures traded at 449.15, at a premium over spot closing of 448.70. Yes Bank January 2017 futures traded at 1361.10, at a premium over spot closing of 1360.95. SBI January 2017 futures traded at 251.80, at a premium over spot closing of 251.20.

Canara Bank January 2017 futures traded at 269.70, at a discount from spot closing of 272.60. Tata Steel January 2017 futures traded at 456.55, at a premium over spot closing of 455.50.

The January 2017 F&O contracts are set to expire on 25 January 2017. The February 2017 F&O contracts are set to expire on 23 February 2017.

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First Published: Jan 20 2017 | 4:27 PM IST

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