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Turnover in F&O segment jumps

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Capital Market
Last Updated : Dec 19 2019 | 5:50 PM IST

RIL, SBI and TCS most active in futures contracts.

The Nifty December 2019 futures were at 12,272.30, a premium of 12.60 points compared with the Nifty's closing of 12,259.70 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 28.12 lakh crore compared with Rs 13.35 lakh crore reported in the previous session.

In the cash market, the Nifty 50 index rose 38.05 points or 0.31% to 12,259.70.

The NSE's India VIX fell 1.35% at 12.17. A fall in volatility indicates stability in benchmark index.

On the options front, the Nifty option chain for 26 December 2019 expiry showed maximum call open interest (OI) of 21.24 lakh at the 12,300 strike price. Maximum put OI of 42.25 lakh contracts was seen at 12,000 strike price. The option chain suggests that the Nifty will trade between 12,000 to 12,300 levels in December.

Reliance Industries (RIL), State Bank of India (SBI) and Tata Consultancy Services (TCS) were the top traded individual stock futures contracts in F&O segment of NSE.

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Reliance Industries December 2019 futures were at 1,613.40, compared with spot closing price of 1,613. State Bank of India December 2019 futures were at 329.30 compared with spot closing price of 328.30. Tata Consultancy Services December 2019 futures were at 2,230, compared with spot closing price of 2,231.70.

The December 2019 F&O contracts expire on Thursday, 26 December 2019.

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First Published: Dec 19 2019 | 4:28 PM IST

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