Turnover spurts in F&O segment on back of weekly options expiry.
The Nifty September 2020 futures were at 11,467.50, a premium of 18.25 points compared with the Nifty's spot closing of 11,449.25.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 45.81 lakh crore compared with Rs 20.97 lakh crore in the previous session.
In the cash market, the Nifty 50 index added 171.25 or 1.52% at 11,449.25.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slumped 4.31% at 21.27.
On the options front, Nifty options for 17 September 2020 expiry showed a maximum Call OI of 15.14 lakh contracts at the 12,000 strike price. Maximum Put OI of 12.13 lakh contracts was seen at 11,300 strike price.
The Nifty option chain for 24 September 2020 expiry showed maximum call open interest (OI) of 17.31 lakh contracts at the 12,000 strike price. Maximum put OI of 29.73 lakh contracts was seen at 11,000 strike price.
Reliance Industries, Bajaj Finance and State Bank of India 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.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
