Turnover on NSE's F&O segment drops
The May 2017 futures on the Nifty 50 index traded at 9445, a small premium of 6.75 points compared with the Nifty's spot closing of 9438.25 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment declined to Rs 4.74 lakh crore from Rs 6.46 lakh crore registered during previous trading session.
In the cash market, the Nifty 50 index rose 10.35 points or 0.11% to settle at 9,438.25, its highest closing level since 17 May 2017.
State Bank of India (SBI), Bank of India (BOI), ITC, Tata Steel and Tata Motors were the top traded individual stock futures contracts in F&O segment of NSE. SBI May 2017 futures traded at 294.75, near spot closing of 294.40.
BOI May 2017 futures traded at 156.90, at a discount compared with spot closing of 158.75. ITC May 2017 futures traded at 303, matching with the spot closing of 303.
Tata Steel May 2017 futures traded at 487.45, at a premium over spot closing of 486.80. Tata Motors May 2017 futures traded at 449, at a discount compared with spot closing of 449.20.
The May 2017 F&O contracts will expire on Thursday, 25 May 2017.
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