Nifty October 2016 futures trade at premium to spot price
The October 2016 futures on the Nifty 50 index traded at 8737.20, premium of 27.65 points compared with Nifty's closing of 8709.55 in the cash market. The Nifty November 2016 futures traded at 8777.85, a premium of 68.30 points compared with the spot closing for the index.
Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 5.51 lakh crore from turnover of Rs 3.82 lakh crore registered yesterday, 5 October 2016.
In the cash market, the Nifty fell 34.40 points or 0.39% to settle at 8,709.55, its lowest closing level since 30 September 2016.
Yes Bank, Vedanta, Reliance Industries, State Bank of India and Indian Oil Corporation were the top traded individual stock futures contracts in F&O segment of NSE. Yes Bank October 2016 futures traded at 1282.50, at a premium compared with spot closing of 1280.05. Vedanta October 2016 futures traded at 198.40, at a premium compared with spot closing of 197.90. Reliance Industries October 2016 futures traded at 1118.85, at a premium compared with spot closing of 1112.
State Bank of India October 2016 futures traded at 257.95, at a premium compared with spot closing of 257.25. Indian Oil Corporation October 2016 futures traded at 651.60, at a discount compared with spot closing of 653.
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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