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India VIX slides 2.78% to 24.04

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Capital Market

Nifty Aug futures trade at premium

The Nifty August 2020 futures were at 11,104.95, a premium of 31.5 points compared with the Nifty's closing of 11,073.45 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 11.37 lakh crore compared with Rs 41.88 lakh crore in the previous session.

In the cash market, the Nifty 50 index fell 28.7 points or 0.26% to settle at 11,073.45.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 2.78% at 24.04.

On the options front, the weekly index options for 6 August 2020 expiry showed a maximum Call OI of 25.97 lakh contracts at the 11,200 strike price. Maximum Put OI of 20.61 lakh contracts was seen at 11,000 strike price.

 

The Nifty option chain for 30 August 2020 expiry showed maximum call open interest (OI) of 20 lakh contracts at the 11,500 strike price. Maximum put OI of 31.57 lakh contracts was seen at 10,000 strike price.

Reliance Industries, SBI and Sun Pharmaceutical Inds were the top traded individual stock futures contracts in F&O segment of NSE.

The August 2020 F&O contracts will expire on 27 August 2020.

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First Published: Jul 31 2020 | 4:31 PM IST

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