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Nifty September futures trade at small premium to spot price

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Capital Market

Axis Bank, SBI September futures prices trade near spot prices

The September 2015 futures on the 50-unit CNX Nifty index traded at 7846.65, a premium of 23.65 points over Nifty's closing of 7823 in the cash market.

In the cash market, the Nifty jumped 106 points or 1.37% to settle at 7,823, its highest closing level since 31 August 2015.

Among individual stock futures, Axis Bank September 2015 futures traded at 487.25, near spot closing of 485.95.

State Bank of India (SBI) September 2015 futures traded at 232.90, near spot closing of 231.85.

ICICI Bank September 2015 futures traded at 268.15, near spot closing of 267.10.

 

The September 2015 futures & options (F&O) contracts are set to expire on 24 September 2015.

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First Published: Sep 03 2015 | 4:18 PM IST

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