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Nifty July futures trade at premium to spot price

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Capital Market
Last Updated : Jul 15 2016 | 4:28 PM IST

Turnover on NSE's F&O segment declines

The July 2016 futures on the Nifty 50 index traded at 8557.15, at a premium of 15.75 points compared with Nifty's closing of 8541.40 in the cash market. The Nifty August 2016 futures traded at 8594, at a premium of 52.60 points compared with the spot closing for the index. Turnover on the National Stock Exchange's futures & options (F&O) segment fell to Rs 3.04 lakh crore from turnover of Rs 3.77 lakh crore registered yesterday, 14 July 2016.

In the cash market, the Nifty 50 index fell 23.60 points or 0.28% to settle at 8,541.40, its lowest closing level since 13 July 2016.

Infosys, Tata Steel, TCS, LIC Housing Finance and Punjab National Bank were the top traded individual stock futures contracts in F&O segment of NSE. Infosys July 2016 futures traded at 1,075.65, at a premium compared with spot closing of 1070.75. Tata Steel July 2016 futures traded at 365.25, at a discount compared with spot closing of 372.20. TCS July 2016 futures traded at 2441, at a premium compared with spot closing of 2445.15.

LIC Housing Finance July 2016 futures traded at 529, at a premium compared with spot closing of 526.65. Punjab National Bank July 2016 futures traded at 135.70, at a discount compared with spot closing of 136.40.

The July 2016 F&O contracts are set to expire on 28 July 2016. The August 2016 F&O contracts are set to expire on 25 August 2016.

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First Published: Jul 15 2016 | 3:53 PM IST

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