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Nifty Dec 2019 futures trade at premium

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Capital Market
Last Updated : Dec 16 2019 | 5:31 PM IST

SBI, RIL and ICICI Bank most active futures contracts.

The Nifty December 2019 futures were at 12,084.90, a premium of 24.20 points compared with the Nifty's closing of 12,060.70 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 8.62 lakh crore compared with Rs 8.78 lakh crore reported in the previous session.

In the cash market, the Nifty 50 index fell 26 points or 0.22% to 12,060.70.

The NSE's India VIX up 1.03% at 13.4375. A rise in volatility indicates instability in benchmark index.

On the options front, the Nifty option chain for 26 December 2019 expiry showed maximum call open interest (OI) of 24.57 lakh at the 12,000 strike price. Maximum put OI of 42.31 lakh contracts was seen at 12,000 strike price. The option chain suggests that the Nifty will trade at 12,000 level in December.

State Bank of India (SBI), Reliance Industries (RIL) and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE.

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SBI December 2019 futures were at 333.20, compared with spot closing price of 332.30. RIL December 2019 futures were at 1,578 compared with spot closing price of 1,571. ICICI Bank December 2019 futures were at 540.65, compared with spot closing price of 539.75.

The December 2019 F&O contracts expire on Thursday, 26 December 2019.

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First Published: Dec 16 2019 | 4:44 PM IST

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