Don’t miss the latest developments in business and finance.

Tata Steel February 2017 futures trade at discount from spot closing

Image
Capital Market
Last Updated : Jan 16 2017 | 5:47 PM IST

Turnover on NSE's F&O segment rises

The January 2017 futures on the Nifty 50 index traded at 8,435, at a premium of 22.20 points compared with the Nifty's closing of 8,412.80 in the cash market. The February 2017 futures on the Nifty 50 index traded at 8,458.20, a premium of 45.40 points compared with the Nifty's closing in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 3.15 lakh crore from Rs 2.81 lakh crore registered on Friday, 13 January 2017.

In the cash market, the Nifty 50 index rose 12.45 points or 0.15% to settle at 8,412.80, its highest closing level since 10 November 2016.

Dewan Housing Finance Corporation (DHFL), Tata Steel, State Bank of India (SBI), LIC Housing Finance and Tata Motors were the top traded individual stock futures contracts in F&O segment of NSE. DHFL January 2017 futures traded at 289.90, at a premium compared with spot closing of 289. Tata Steel January 2017 futures traded at 458.80, at a discount from spot closing of 459.50. SBI January 2017 futures traded at 256.20, at a discount from spot closing of 256.40.

LIC Housing Finance January 2017 futures traded at 543.70, at a premium compared with spot closing of 541.95. Tata Motors January 2017 futures traded at 526.20, at a discount from spot closing of 526.50.

The January 2017 F&O contracts are set to expire on 25 January 2017. The February 2017 F&O contracts are set to expire on 23 February 2017.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jan 16 2017 | 4:10 PM IST

Next Story