Don’t miss the latest developments in business and finance.

Nifty January 2016 futures trade at premium to spot price

Image
Capital Market
Last Updated : Dec 29 2015 | 9:29 PM IST

Turnover on NSE's F&O segment jumps

The January 2016 futures on the 50-unit Nifty 50 index traded at 7961.80, at a premium of 32.85 points compared with Nifty's closing of 7928.95 in the cash market. Nifty December 2015 futures which expire this week, traded at 7938.75, at a premium of 9.80 points compared with Nifty's closing of 7928.95 in the cash market. Turnover on the National Stock Exchange's futures and options (F&O) segment surged to Rs 3.07 lakh crore from turnover of Rs 2.41 lakh crore registered during the previous trading session.

In the cash market, the Nifty rose 3.80 points or 0.04% to settle at 7,928.95, its highest closing level since 2 December 2015.

HDFC Bank, Reliance Infrastructure (RInfra), Reliance Industries (RIL), Reliance Communications (RCom) and Axis Bank were the top traded individual stock futures contracts on the futures & options (F&O) segment of NSE.

HDFC Bank December 2015 futures traded at 1081, near spot closing of 1079.70. HDFC Bank January 2016 futures traded at 1086.15, near spot closing of 1079.70.

RInfra December 2015 futures traded at 508.20, near spot closing of 507.05.

More From This Section

RIL December 2015 futures traded at 1015.90, near spot closing of 1014.

RCom December 2015 futures traded at 87.85, near spot closing of 87.70.

Axis Bank December 2015 futures traded at 458.50, at a discount compared with spot closing of 459.

The December 2015 F&O contracts are set to expire on Thursday, 31 December 2015. The January 2016 F&O contracts are set to expire on 28 January 2016.

Powered by Capital Market - Live News

Also Read

First Published: Dec 29 2015 | 4:37 PM IST

Next Story