Turnover on NSE's F&O segment drops
The Nifty August 2017 futures traded at 10,014.60, at a premium of 50.05 points compared with Nifty's spot closing of 9,964.55 in the cash market. The Nifty July 2017 futures traded at 9,972.65, at a premium of 8.10 points compared with Nifty's spot closing of 9,964.55 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment dropped to Rs 5.27 lakh crore from turnover of Rs 5.48 lakh crore registered yesterday, 24 July 2017.
In the cash market, the Nifty 50 index declined 1.85 points or 0.02% to settle at 9,964.55, its lowest level since 21 July 2017.
Vedanta, Mahindra & Mahindra Financial Services, Axis Bank, Reliance Industries (RIL), and HDFC Bank were the top traded individual stock futures contracts in F&O segment of NSE. Vedanta July 2017 futures traded at 276.10, at a premium over spot closing of 275.75. Mahindra & Mahindra Financial Services July 2017 futures traded at 398.05, at a discount compared to spot closing of 399.05.
Axis Bank July 2017 futures traded at 546.65, at a discount compared to spot closing of 547.40. RIL July 2017 futures traded at 1,606, at a premium compared to spot closing of 1,602.50. HDFC Bank July 2017 futures traded at 1,735.05, at a discount compared to spot closing of 1,735.85.
The July 2017 F&O contracts will expire on 27 July 2017. The August 2017 F&O contracts will expire on 31 August 2017.
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