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Nifty August futures trade at discount

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Capital Market

Turnover on NSE's F&O segment rises

The Nifty August 2017 futures traded at 9,792.40, a discount of 3.65 points compared with Nifty's spot closing of 9,796.05 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 7.28 lakh crore, compared with the turnover of Rs 4.82 lakh crore registered yesterday, 28 August 2017.

In the cash market, the Nifty 50 index lost 116.75 points or 1.18% to settle at 9,796.05, its lowest closing level since 22 August 2017.

HDFC Bank, Reliance Infrastructure, Vedanta, Tata Steel and Reliance Industries were the top traded individual stock futures contracts in F&O segment of NSE. HDFC Bank August 2017 futures traded at 1744.50, at a discount from spot closing of 1748.95. Reliance Infrastructure August 2017 futures traded at 497.85, at a discount over spot closing of 498.20.

 

Vedanta August 2017 futures traded at 299.20, at a premium over closing of 298.45. Tata Steel August 2017 futures traded at 630.80, at a premium over spot closing of 629.65. Reliance Industries August 2017 futures traded at 1744, at a discount from spot closing of 1748.95

The August 2017 F&O contracts will expire on Thursday, 31 August 2017.

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First Published: Aug 29 2017 | 4:50 PM IST

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