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Nifty January Futures at discount

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Capital Market

Turnover on NSE's F&O segment declines

The Nifty January 2018 futures traded at 10964, a discount of 2.20 points over Nifty's spot closing of 10966.20 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment declined to Rs 7.31 lakh crore, compared with the turnover of Rs 7.56 lakh crore registered in the previous session.

In the cash market, the Nifty 50 index rose 71.50 points or 0.66% to settle at 10,966.20, its record closing high.

Reliance Industries, Axis Bank, Jubilant Foodworks, TCS and HDFC Bank were the top traded individual stock futures contracts in F&O segment of NSE. Reliance Industries January 2018 futures traded at 968.90, at a discount over spot closing of 970.20. Axis Bank January 2018 futures traded at 612.30, at a premium over spot closing of 611.30.

 

Jubilant Foodworks January 2018 futures traded at 2260.35, at a discount over spot closing of 2269.50. TCS January 2018 futures traded at 3097, at a premium over spot closing of 3090. HDFC Bank January 2018 futures traded at 1965, at a premium over spot closing of 1962.50.

The January 2018 F&O contracts expire on Thursday, 25 January 2018.

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First Published: Jan 22 2018 | 4:15 PM IST

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