Nifty January 2017 futures at premium
The Nifty December 2016 futures traded at 8,183, a small premium of 12.20 points compared with the Nifty's closing of 8,170.80 in the cash market. The January 2017 futures on the Nifty 50 index traded at 8,219.90, a premium of 49.10 points compared with the Nifty's closing in the cash market. Turnover on the National Stock Exchange's futures & options (F&O) segment rose to Rs 2.24 lakh crore from Rs 2.11 lakh crore registered on Friday, 9 December 2016.
In the cash market, the Nifty 50 index fell 90.95 points or 1.1% to settle at 8,170.80, its lowest closing level since 7 December 2016.
State Bank of India (SBI), Vedanta, Sun TV Network, Axis Bank and Yes Bank were the top traded individual stock futures contracts in F&O segment of NSE. SBI December 2016 futures traded at 263.90, at a discount over spot closing of 264. Vedanta December 2016 futures traded at 244.25, at a discount over spot closing of 246. Sun TV Network December 2016 futures traded at 499.40, at a premium over spot closing of 497.80.
Axis Bank December 2016 futures traded at 445.25, at a premium compared with spot closing of 444.80. Yes Bank December 2016 futures traded at 1,192 near spot closing of 1,192.05.
The December 2016 F&O contracts are set to expire on 29 December 2016.
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