TURNOVER SPURTS IN F&O SEGMENT DUE TO WEEKLY OPTIONS EXPIRY

Published on Sep 16, 2021 16:42

The Nifty September 2021 futures were at 17,611, a discount of 18.5 points compared with Nifty`s spot closing of 17,629.50.

In the cash market, the Nifty 50 index soared 110.05 points or 0.63% to 17,629.5, registering a record closing high.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 125.05 lakh crore compared with Rs 38.13 lakh crore in the previous session.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, jumped 4.97% to 14.4125.

ITC, Reliance Industries and State Bank of India were the top traded stock futures contracts in F&O segment for September expiry.

The September F&O contracts will expire on 30 September 2021.