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SBI, Axis Bank May 2017 futures at premium

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Capital Market

Turnover on NSE's F&O segment spurts

The May 2017 futures on the Nifty 50 index traded at 9,437, a premium of 14.60 points compared with the Nifty's spot closing of 9,422.40 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 7.49 lakh crore from Rs 4.54 lakh crore registered during previous trading session.

In the cash market, the Nifty 50 index rose 15.10 points or 0.16% to settle at 9,422.40, a record closing high for the index.

Canara Bank, State Bank of India (SBI), DLF, Axis Bank and Havells India were the top traded individual stock futures contracts in F&O segment of NSE.

 

Canara Bank May 2017 futures traded at 369.75, at a discount from spot closing of 372. SBI May 2017 futures traded at 298.40, at a premium over spot closing of 297.70. DLF May 2017 futures traded at 203.70, at a premium over spot closing of 202.75.

Axis Bank May 2017 futures traded at 517.75, at a premium over spot closing of 515.40. Havells India May 2017 futures traded at 517.30, at a premium over spot closing of 514.40.

The May 2017 F&O contracts will expire on 25 May 2017.

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First Published: May 11 2017 | 4:37 PM IST

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