Nifty January 2017 futures at premium
The Nifty December 2016 futures traded at 8,223.15, a tiny premium of 1.35 points compared with the Nifty's closing of 8,221.80 in the cash market. The January 2017 futures on the Nifty 50 index traded at 8,258.70, a premium of 36.90 points compared with the Nifty's closing in the cash market. Turnover on the National Stock Exchange's futures & options (F&O) segment fell to Rs 2.07 lakh crore from Rs 2.24 lakh crore registered on Monday, 12 December 2016.
In the cash market, the Nifty 50 index rose 51 points or 0.62% to settle at 8,221.80, its highest closing level since 9 December 2016.
Tata Motors, Vedanta, State Bank of India (SBI), Bajaj Finance, and Yes Bank were the top traded individual stock futures contracts in F&O segment of NSE. Tata Motors December 2016 futures traded at 470.05, at a discount over spot closing of 470.30. Vedanta December 2016 futures traded at 239.25, at a discount over spot closing of 239.90. SBI December 2016 futures traded at 266.30, at a premium over spot closing of 266.05.
Bajaj Finance December 2016 futures traded at 837, at a discount compared with spot closing of 839.95. Yes Bank December 2016 futures traded at 1,209.75, at a premium compared with spot closing of 1204.25.
The December 2016 F&O contracts are set to expire on 29 December 2016.
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