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Nifty December 2015 futures trade at premium to spot price

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Capital Market
Last Updated : Dec 15 2015 | 12:01 AM IST

F&O turnover drops

The December 2015 futures on 50-unit Nifty 50 index traded at 7672, at a premium of 21.95 points compared to Nifty's closing of 7,650.05 in the cash market. Turnover on NSE's F&O segment dropped to Rs 1.50 lakh crore from turnover of Rs 2.06 lakh crore registered during the previous trading session of Friday, 11 December 2015.

In the cash market, the Nifty rose 39.60 points or 0.52% to settle at 7,650.05, its highest closing level since 10 December 2015.

Tata Motors, Tata Steel, Axis Bank, JSW Steel and Maruti Suzuki India were the top traded individual stock futures contracts on the futures & options (F&O) segment of NSE.

Tata Motors December 2015 futures traded at 374, at a premium compared to the stock's spot closing of 372.

Tata Steel December 2015 futures traded at 246.35, at a premium compared to the stock's spot closing of 245.15.

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Axis Bank December 2015 futures traded at 433.70, at a premium compared to the stock's spot closing of 431.25.

JSW Steel December 2015 futures traded at 1024.95, near spot closing of 1024.

Maruti Suzuki India December 2015 futures traded at 4589.85, at slight discount compared to the stock's spot closing of 4590.

The December 2015 F&O contracts are set to expire on 31 December 2015.

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First Published: Dec 14 2015 | 4:21 PM IST

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