Turnover on NSE's F&O segment rises
The September 2016 futures on the Nifty 50 index traded at 8966, premium of 23 points compared with Nifty's closing of 8943 in the cash market. The Nifty October 2016 futures traded at 9004, a premium of 61 points compared with the spot closing for the index.
Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 3.27 lakh crore from turnover of Rs 2.09 lakh crore registered on Friday, 2 September 2016.
In the cash market, the Nifty rose 133.35 points or 1.51% to settle at 8,943, its highest closing level since 3 March 2015.
Tata Motors, Axis Bank, Yes Bank, ICICI Bank and State Bank of India were the top traded individual stock futures contracts in F&O segment of NSE. Tata Motors September 2016 futures traded at 588.50, at a premium compared with spot closing of 587.55. Axis Bank September 2016 futures traded at 640.75, at a premium compared with spot closing of 635.90. Yes Bank September 2016 futures traded at 1443.30, at a discount compared with spot closing of 1448.
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ICICI Bank September 2016 futures traded at 273, at a premium compared with spot closing of 272.20. State Bank of India September 2016 futures traded at 261.95, at a premium compared with spot closing of 261.10.
The September 2016 F&O contracts are set to expire on 29 September 2016. The October 2016 F&O contracts are set to expire on 27 October 2016.
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