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Nifty January futures trade at premium

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Capital Market

Turnover on NSE's F&O segment jumps

The Nifty January 2018 futures traded at 10,535, a premium of 30.20 points over Nifty's spot closing of 10,504.80 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment jumped to Rs 10.36 lakh crore, compared with the turnover of Rs 5.74 lakh crore registered in the previous session.

In the cash market, the Nifty 50 index rose 61.60 points or 0.59% to 10,504.80, its highest closing level since 29 December 2017.

Jindal Steel & Power (JSPL), Tata Steel, State Bank of India (SBI), L&T and Punjab National Bank were the top traded individual stock futures contracts in F&O segment of NSE. JSPL January 2018 futures traded at 244.05, at a premium over spot closing of 242.75. Tata Steel January 2018 futures traded at 763.80, at a premium over spot closing of 763.45. SBI January 2018 futures traded at 310.30, at a premium over spot closing of 309.25.

 

L&T January 2018 futures traded at 1,315.45, at a premium over spot closing of 1,313.30. Punjab National Bank January 2018 futures traded at 178.35, at a premium over spot closing of 178.

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

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First Published: Jan 04 2018 | 4:44 PM IST

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