NIFTY OCT FUTURES TRADE AT DISCOUNT

Published on Oct 27, 2020 16:53

The Nifty October 2020 futures were at 11,875, a discount of 14.40 points compared with the Nifty`s spot closing of 11,889.40.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 21.54 lakh crore compared with Rs 18.29 lakh crore in the previous session.

In the cash market, the Nifty 50 index surged 121.65 points, or 1.03% to 11,889.40.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, fell 2.79% to 22.195.

The Nifty option chain for 29 October 2020 expiry showed maximum call open interest (OI) of 45.95 lakh contracts at the 12,000 strike price. Maximum put OI of 42.73 lakh contracts was seen at 11,000 strike price.

Kotak Mahindra Bank, Reliance Industries and Bajaj Finance were the top traded individual stock futures contracts in F&O segment of NSE.

The October 2020 F&O contracts will expire on 29 October 2020.