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India VIX cools 2%

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Capital Market
Last Updated : Sep 03 2020 | 5:50 PM IST

Turnover spurts in F&O segment due to expiry of weekly index options.

The Nifty September 2020 futures were at 11,551.45, a premium of 24 points compared with the Nifty's spot closing of 11,527.45.

Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 35.76 lakh crore compared with Rs 20.11 lakh crore in the previous session.

In the cash market, the Nifty 50 index fell 7.55 points or 0.07% at 11,527.45.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 2.72% at 20.53.

On the options front, Nifty options for 10 September 2020 expiry showed a maximum Call OI of 19.20 lakh contracts at the 12,500 strike price. Maximum Put OI of 12.18 lakh contracts was seen at 11,400 strike price.

The Nifty option chain for 24 September 2020 expiry showed maximum call open interest (OI) of 19.66 lakh contracts at the 12,000 strike price. Maximum put OI of 29.96 lakh contracts was seen at 11,000 strike price.

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Reliance Industries, Tata Motors and Tata Consumer Products were the top traded individual stock futures contracts in F&O segment of NSE.

The September 2020 F&O contracts will expire on 24 September 2020.

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First Published: Sep 03 2020 | 4:52 PM IST

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