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Friday, November 02, 2007

Nifty November futures at discount


Turnover surges

Nifty November 2007 futures were at 5821.30, at a discount of 45.15 points as compared to spot closing of 5866.45.

NSE’s futures & options (F&O) segment turnover was Rs 99,734.02 crore, which was lower than Rs 71,090.73 crore on Wednesday, 31 October 2007.

Reliance Natural Resources November 2007 futures were at premium, at 130.50, compared to the spot closing of Rs 129.90.

Larsen & Toubro November 2007 futures were at discount, at 4379.90, compared to the spot closing of Rs 4424.25.

In the cash market, the S&P CNX Nifty lost 34.20 points or 0.58% at 5866.45. Nifty hit a life time high of 6011.95 points in intra-day trade.