Turnover spurts in F&O segment due to expiry
The Nifty September 2020 futures were at 11,590, a premium of 30.75 points compared with the Nifty's closing of 11,559.25.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 35.04 lakh crore compared with Rs 18.47 lakh crore in the previous session.
In the cash market, the Nifty 50 index rose 9.65 points or 0.08% at 11,559.25.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 2.16% at 18.885.
On the options front, Nifty options for 3 September 2020 expiry showed a maximum Call OI of 15.43 lakh contracts at the 12,000 strike price. Maximum Put OI of 18.61 lakh contracts was seen at 11,500 strike price.
The Nifty option chain for 24 September 2020 expiry showed maximum call open interest (OI) of 19.7 lakh contracts at the 12,000 strike price. Maximum put OI of 27.85 lakh contracts was seen at 11,000 strike price.
Reliance Industries, State Bank of India and Bharti Airtel were the top traded individual stock futures contracts in F&O segment of NSE.
The September 2020 F&O contracts will expire on 24 September 2020.
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