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Nifty September 2019 futures at premium

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Capital Market
Last Updated : Sep 18 2019 | 5:50 PM IST

SBI, Bajaj Finance and Axis Bank most active in futures segment.

The Nifty September 2019 futures was at 10,866, a premium of 25.35 points compared with the Nifty's closing of 10,840.65 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 14.33 lakh crore compared with Rs 13.66 lakh crore reported in the previous session.

In the cash market, the Nifty 50 index gained 23.05 points or 0.21% to settle at 10,840.65.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 5.25% at 15.175.

On the options front, the Nifty option chain for 26 September 2019 expiry showed maximum call open interest (OI) of 34.98 lakh contracts at the 11,000 strike price. Maximum put OI of 37.97 lakh contracts was seen at 10,800 strike price. Options data suggested a trading range between 10,800 and 11,000 levels for the Nifty.

State Bank of India (SBI), Bajaj Finance and Axis Bank were the top traded individual stock futures contracts in F&O segment of NSE. SBI September 2019 futures were at 280.10, compared with spot closing price of 280.40. Bajaj Finance September 2019 futures were at 3,417.15 compared with spot closing price of 3,416.40. Axis Bank September 2019 futures were at 648.70, compared with spot closing price of 647.50.

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The September 2019 F&O contracts expires on 26 September 2019.

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First Published: Sep 18 2019 | 4:57 PM IST

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