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HDFC Bank, SBI September futures prices trade at discount to spot prices

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Capital Market
Last Updated : Sep 04 2015 | 4:47 PM IST

Turnover on NSE's F&O segment rises sharply

The September 2015 futures on the 50-unit CNX Nifty index traded at 7662.05, which was near Nifty's closing of 7655.05 in the cash market. Turnover on NSE's futures & options (F&O) segment surged to Rs 2.31 lakh crore from turnover of Rs 1.68 lakh crore registered yesterday, 3 September 2015.

In the cash market, the Nifty plunged 167.95 or 2.14% to settle at 7,655.05, its lowest closing level since 11 August 2014.

Among individual stock futures, HDFC Bank September 2015 futures traded at 997.80, at a discount compared with spot closing of 999.35

State Bank of India (SBI) September 2015 futures traded at 224.90, at a slight discount compared with spot closing of 225.

Axis Bank September 2015 futures traded at 470.30, near spot closing of 468.40.

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ICICI Bank September 2015 futures traded at 259.25, near spot closing of 258.10.

The September 2015 F&O contracts are set to expire on 24 September 2015.

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First Published: Sep 04 2015 | 4:21 PM IST

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