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Nifty August 2016 futures trade at premium to spot price

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Capital Market
Last Updated : Aug 05 2016 | 12:01 AM IST

Turnover on NSE's F&O surges

The August 2016 futures on the Nifty 50 index traded at 8,605.20, a premium of 54.10 points compared with Nifty's closing of 8,551.10 in the cash market. The Nifty September 2016 futures traded at 8,654, a premium of 102.90 points compared with the spot closing for the index.

Turnover on the National Stock Exchange's futures & options (F&O) segment surged to Rs 4.60 lakh crore from turnover of Rs 3.11 lakh crore registered yesterday, 3 August 2016.

In the cash market, the Nifty rose 6.25 points or 0.07% to settle at 8,551.10, its highest closing level since 2 August 2016.

Tata Steel, ICICI Bank, State Bank of India, Tata Motors and Maruti Suzuki India were the top traded individual stock futures contracts in F&O segment of NSE. Tata Steel August 2016 futures traded at 376.50, at a premium compared with spot closing of 374.30. ICICI Bank August 2016 futures traded at 244.05, at a premium over spot closing of 242.65. State Bank of India August 2016 futures traded at 227.50, at a premium over spot closing of 226.25.

Tata Motors August 2016 futures traded at 501.95, at a premium compared to spot closing of 500.05. Maruti Suzuki India August 2016 futures traded at 4917.50, at a premium compared with spot closing of 4893.95.

The August 2016 F&O contracts are set to expire on 25 August 2016. The September 2016 F&O contracts are set to expire on 29 September 2016.

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First Published: Aug 04 2016 | 4:18 PM IST

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