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Nifty Sept futures trade at premium

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Capital Market

Turnover spurted in the F&O segment due to expiry of weekly index options.

The Nifty September 2020 futures were at 11,528.20, a premium of 8.95 points compared with the Nifty's spot closing of 11,519.25.

Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 39.02 lakh crore compared with Rs 18.9 lakh crore in the previous session.

In the cash market, the Nifty 50 index fell 85.3 or 0.74% at 11,519.25.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 2.12% at 20.0775.

The Nifty option chain for 24 September 2020 expiry showed maximum call open interest (OI) of 33.86 lakh contracts at the 12,000 strike price. Maximum put OI of 34.83 lakh contracts was seen at 11,500 strike price.

 

Dr. Reddy's Laboratories, RIL and Infosys 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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First Published: Sep 17 2020 | 4:37 PM IST

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