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Nifty May 2017 futures at premium

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Capital Market
Last Updated : May 09 2017 | 12:01 AM IST

Turnover on NSE's F&O segment declines

The May 2017 futures on the Nifty 50 index traded at 9,345, a premium of 30.95 points compared with the Nifty's spot closing of 9,314.05 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment declined to Rs 3.01 lakh crore from Rs 4.01 lakh crore registered during previous trading session.

In the cash market, the Nifty 50 index rose 28.75 points or 0.31% to settle at 9,314.05, its highest closing level since 4 May 2017.

Canara Bank, ICICI Bank, DLF, Indiabulls Real Estate and Ambuja Cements were the top traded individual stock futures contracts in F&O segment of NSE.

Canara Bank May 2017 futures traded at 389, at a discount from spot closing of 391.45. ICICI Bank May 2017 futures traded at 303.40, at a premium over spot closing of 302.05. DLF May 2017 futures traded at 198.40, near spot closing of 198.

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Indiabulls Real Estate May 2017 futures traded at 172, at a premium over spot closing of 171. Ambuja Cements May 2017 futures traded at 260, at a premium over spot closing of 258.60.

The May 2017 F&O contracts will expire on 25 May 2017.

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First Published: May 08 2017 | 4:19 PM IST

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