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Nifty May 2017 futures at premium

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Capital Market
Last Updated : May 17 2017 | 4:28 PM IST

Turnover on NSE's F&O segment declines

The May 2017 futures on the Nifty 50 index traded at 9535, a premium of 9.25 points compared with the Nifty's spot closing of 9525.75 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment declined to Rs 4.42 lakh crore from Rs 4.87 lakh crore registered during previous trading session.

In the cash market, the Nifty 50 index rose 13.50 points or 0.14% to settle at 9,525.75, its record closing high.

Tata Steel, State Bank of India, ICICI Bank, Bajaj Finance and Punjab National Bank were the top traded individual stock futures contracts in F&O segment of NSE. Tata Steel May 2017 futures traded at 493.65, at a premium over spot closing of 493.40. State Bank of India May 2017 futures traded at 307.10, at a premium over spot closing of 307.05. ICICI Bank May 2017 futures traded at 309.20, at a discount over spot closing of 309.45.

Bajaj Finance May 2017 futures traded at 1320.25, at a premium over spot closing of 1320. Punjab National Bank May 2017 futures traded at 165.50, at a premium over spot closing of 164.80.

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

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First Published: May 17 2017 | 4:11 PM IST

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