Turnover on NSE's F&O segment increases
The April 2016 futures on the Nifty 50 index traded at 7905.05, a discount of 7 points compared with Nifty's closing of 7912.05 in the cash market. The Nifty May 2016 futures traded at 7942.60, a premium of 30.55 points compared with the spot closing for the index.
Turnover on the National Stock Exchange's (NSE) futures and options (F&O) totaled Rs 3.28 lakh crore, higher than turnover of Rs 3.11 lakh crore registered during the previous trading session.
In the cash market, the Nifty fell 2.70 points or 0.03% to settle at 7,912.05, its lowest closing level since 13 April 2016.
ICICI Bank, State Bank of India, Tata Steel, IndusInd Bank and Axis Bank were the top traded individual stock futures contracts on the futures & options (F&O) segment of NSE. ICICI Bank April 2016 futures traded at 251.50, at a premium compared with spot closing of 250.95. State Bank of India April 2016 futures traded at 193.80, at a premium compared with spot closing of 193.50. Tata Steel April 2016 futures traded at 353.30, at a discount compared with spot closing of 354.
IndusInd Bank April 2016 futures traded at 973.05, at a premium compared with spot closing of 971.35. Axis Bank April 2016 futures traded at 465.95, at a premium compared with spot closing of 465.85.
The April 2016 F&O contracts are set to expire on 28 April 2016. The May 2016 F&O contracts are set to expire on 26 May 2016.
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