Freak trade: Blue chip stocks see 'unusual' price rise on NSE

According to data provided by NSE, futures contracts of HDFC, Bharti Airtel, HDFC Bank, TCS and RIL jumped around 10 per cent each for a few nanoseconds in early trading

Futures contracts of five blue chip companies traded on the National Stock Exchange (NSE) saw unusual price spurt on Tuesday.

According to data provided by NSE, futures contracts of HDFC, Bharti Airtel, HDFC Bank, Tata Consultancy Services (TCS) and Reliance Industries (RIL) jumped around 10 per cent each for a few nanoseconds in early trading. This was seen in contracts expiring in September as well as October. In the case of HDFC and HDFC Bank even November contracts were impacted.

For instance, the price of futures contracts of HDFC soared to Rs 3,135 even as the spot price was around