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Nifty November 2015 futures trade at premium to spot price

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Capital Market
Last Updated : Nov 04 2015 | 12:01 AM IST

F&O turnover drops

The November 2015 futures on the 50-unit CNX Nifty index traded at 8075, at a premium of 14.30 points compared with Nifty's closing of 8060.70 in the cash market. Turnover on NSE's F&O segment declined to Rs 1.30 lakh crore from turnover of Rs 1.44 lakh crore registered yesterday, 2 November 2015.

In the cash market, the Nifty rose 9.90 points or 0.12% to settle at 8,060.70, its highest closing level since 30 October 2015.

L&T, Indian Oil Corporation, State Bank of India, Axis Bank and ICICI Bank were the top traded individual stock futures contracts on the F&O segment of NSE.

L&T November 2015 futures traded at 1376.80, at a premium compared with the stock's spot closing of 1369.

Indian Oil Corporation November 2015 futures traded at 405.05, at a premium compared with spot closing of 403.50.

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State Bank of India November 2015 futures traded at 238, near spot closing of 236.55.

Axis Bank November 2015 futures traded at 476.30, at a premium compared with the stock's spot closing of 473.95.

ICICI Bank November 2015 futures traded at 279.50, near spot closing of 278.90.

The November 2015 F&O contracts are set to expire on 26 November 2015.

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First Published: Nov 03 2015 | 4:14 PM IST

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