F&O turnover drops
The September 2016 futures on the Nifty 50 index traded at 8810.70, at a premium of 30.85 points compared with Nifty's closing of 8779.85 in the cash market. The Nifty October 2016 futures traded at 8848.85, a premium of 69 points compared with the spot closing for the index. Turnover on the National Stock Exchange's futures & options (F&O) segment declined to Rs 4.33 lakh crore from turnover of Rs 5.01 lakh crore registered yesterday, 15 September 2016.
In the cash market, the Nifty rose 37.30 points or 0.43% to settle at 8,779.85, its highest closing level since 9 September 2016.
Yes Bank, Wockhardt, Reliance Industries, Axis Bank and Maruti Suzuki India (Maruti) were the top traded individual stock futures contracts in F&O segment of NSE. Yes Bank September 2016 futures traded at 1178.10, at a premium compared with spot closing of 1174.65. Wockhardt September 2016 futures traded at 912.05, at a premium over spot closing of 910. Reliance Industries September 2016 futures traded at 1077.15, at a premium over spot closing of 1072.90.
Axis Bank September 2016 futures traded at 601.60, at a premium compared with spot closing of 599.95. Maruti September 2016 futures traded at 5554.60, at a premium over spot closing of 5540.
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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