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Thursday, January 31, 2008

RNRL, Essar Oil and L&T January 2008 futures at discount


Turnover in F&O segment increases

Nifty January 2008 futures were at 5145, at a discount of 22.60 points as compared to spot closing of 5167.60. The January 2008 derivative contracts will expire tomorrow, 31 January 2008.

The NSE's futures & options (F&O) segment turnover was Rs 57,973.91 crore, which was higher than Rs 56,019.95 crore on Tuesday, 29 January 2008.

Reliance Natural Resources (RNRL) January 2008 futures were at discount, at 134.50, compared to the spot closing of 136.60.

Essar Oil January 2008 futures were at discount, at 226.80, compared to the spot closing of 230.55.

Larsen & Toubro (L&T) January 2008 futures were at discount, at 3700, compared to the spot closing of 3707.45.

In the cash market, the S&P CNX Nifty lost 113.20 points or 2.14% at 5167.60.