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Friday, February 29, 2008

Nifty March 2008 futures at discount


Turnover in F&O segment declines


Nifty March 2008 futures were at 5271, at a discount of 14.10 points as compared to spot closing of 5285.10. Derivatives contracts for February 2008 series expired today, 28 February 2008.

NSE's futures & options (F&O) segment turnover was Rs 61,065.26 crore, which was lower than Rs 63,256.76 crore on Wednesday, 27 February 2008.

Reliance Industries March 2008 futures were at premium, at 2550, compared to the spot closing of 2533.25.

Tata Steel March 2008 futures were at premium, at 827, compared to the spot closing of 824.30.

NTPC March 2008 futures were near spot price, at 203.30, compared to the spot closing of 203.55.

In the cash market, the S&P CNX Nifty gained 16.70 points or 0.32% at 5285.10.