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Nifty October 2016 futures trade at premium to spot price

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Capital Market
Last Updated : Oct 06 2016 | 4:47 PM IST

Turnover on NSE's F&O segment drops

The October 2016 futures on the Nifty 50 index traded at 8785.30, premium of 47.20 points compared with Nifty's closing of 8738.10 in the cash market. The Nifty November 2016 futures traded at 8824.35, a premium of 86.25 points compared with the spot closing for the index.

Turnover on the National Stock Exchange's futures & options (F&O) segment declined to Rs 2.80 lakh crore from turnover of Rs 2.83 lakh crore registered on Friday, 30 September 2016.

In the cash market, the Nifty rose 126.95 points or 1.47% to settle at 8,738.10, its highest closing level since 28 September 2016.

Reliance Infrastructure, Maruti Suzuki India, Reliance Industries, ICICI Bank and Reliance Capital were the top traded individual stock futures contracts in F&O segment of NSE. Reliance Infrastructure October 2016 futures traded at 600.05, at a premium compared with spot closing of 597.80. Maruti Suzuki India October 2016 futures traded at 5718, at a premium compared with spot closing of 5680.10. Reliance Industries October 2016 futures traded at 1098.30, at a premium compared with spot closing of 1090.

ICICI Bank October 2016 futures traded at 257, at a premium compared with spot closing of 256.45. Reliance Capital October 2016 futures traded at 573, at a premium compared with spot closing of 569.85.

The October 2016 F&O contracts are set to expire on 27 October 2016. The November 2016 F&O contracts are set to expire on 24 November 2016.

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First Published: Oct 03 2016 | 4:02 PM IST

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