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Nifty October 2019 futures at premium

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Capital Market
Last Updated : Oct 23 2019 | 6:04 PM IST

Infosys, Bajaj Finance and Axis Bank most active futures contracts.

The Nifty October 2019 futures was at 11,630.20, a premium of 26.10 points compared with the Nifty's closing of 11,604.10 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 12.78 lakh crore compared with Rs 10.27 lakh crore reported in the previous session.

In the cash market, the Nifty 50 index rose 15.75 points or 0.14% to settle at 11,604.10.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 1.81% at 16.505.

On the options front, the Nifty option chain for 31 October 2019 expiry showed maximum call open interest (OI) of 26.34 lakh contracts at the 12,000 strike price. Maximum put OI of 27.97 lakh contracts was seen at 11,000 strike price. Options data suggested a trading range between 11,000 and 12,000 levels for the Nifty.

Infosys, Bajaj Finance and Axis Bank were the top traded individual stock futures contracts in F&O segment of NSE. Infosys October 2019 futures were at 650.95, compared with spot closing price of 650.35. Bajaj Finance October 2019 futures were at 4,054 compared with spot closing price of 4,047. Axis Bank October 2019 futures were at 719, compared with spot closing price of 716.40.

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The October 2019 F&O contracts expires on 31 October 2019.

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First Published: Oct 23 2019 | 4:35 PM IST

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