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Nifty June 2017 futures trade at premium to spot closing

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Capital Market

Turnover on NSE's F&O segment jumps

The June 2017 futures on the Nifty 50 index traded at 9,631, a premium of 14.90 points compared with the Nifty's spot closing of 9,616.10.

Turnover on the National Stock Exchange's futures & options (F&O) segment jumped to Rs 8.27 lakh crore, from Rs 4.47 lakh crore registered during previous trading session.

In the cash market, the Nifty 50 index fell 5.15 points or 0.05% to settle at 9,616.10, its lowest closing level since 29 May 2017.

Maruti Suzuki (India), State Bank of India (SBI), Tata Steel, ICICI Bank and Rural Electrification Corporation (REC) were the top traded individual stock futures contracts in F&O segment of NSE. Maruti Suzuki June 2017 futures traded at 7,194.45, at a premium over spot closing of 7,150.

 

SBI June 2017 futures traded at 289.45, at a premium over spot closing of 287.85. Tata Steel June 2017 futures traded at 501.35, at a premium compared with spot closing of 498.

ICICI Bank June 2017 futures traded at 319, at a discount compared with spot closing of 319.90. REC June 2017 futures traded at 190, at a premium over spot closing of 189.20.

The June 2017 F&O contracts will expire on 29 June 2017.

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First Published: Jun 01 2017 | 4:11 PM IST

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