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Nifty July 2019 trades at a premium

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Capital Market

SBI, Indiabulls Housing Finance, ITC most active in futures segment.

The Nifty July 2019 futures was at 11,815.20, a premium of 4.05 points compared with the Nifty's closing of 11,811.15 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 10.46 lakh crore compared with Rs 6.17 lakh crore reported in the previous session.

In the cash market, the Nifty 50 index fell 135.60 points or 1.14% to settle at 11,811.15.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 3.75% at 13.0225.

On the options front, the Nifty option chain for 25 July 2019 expiry showed maximum call open interest (OI) of 23.12 lakh contracts at the 12000 strike price. Maximum put OI of 16.07 lakh contracts was seen at 11500 strike price. Options data suggested a trading range between 11,500 and 12,000 levels for the Nifty.

 

State Bank of India (SBI), Indiabulls Housing Finance and ITC were the top traded individual stock futures contracts in F&O segment of NSE.

SBI July 2019 futures were at 371.50, compared with spot closing price of 369.75. Indiabulls Housing Finance July 2019 futures were at 731.65, compared with spot closing price of 727.95. ITC July 2019 futures were at 281.40, compared with spot closing price of 280.35.

The July 2019 F&O contracts expire on Thursday, 25 July 2019.

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First Published: Jul 05 2019 | 4:36 PM IST

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