Nifty January 2009 futures at discount

Turnover decreases

Nifty January 2009 futures were at 2846.50, at a discount of 3 points as compared to the spot closing of 2849.50. Turnover in NSE's futures & options (F&O) segment was Rs 40,894.23 crore lower than Rs 42,867.49 crore on Tuesday, 27 January 2009. The near month January 2009 derivatives contract will expire tomorrow, 29 January 2009.

Reliance Industries January 2009 futures were at discount at 1269.50 compared to the spot closing of 1274.

NTPC January 2009 futures were at discount at 189.10 compared to the spot closing of 191.25.

State Bank of India January 2009 futures were near sport price at 1112.05 compared to the spot closing of 1112.45.

In the cash market, the S&P CNX Nifty gained 78.15 points or 2.82% at 2849.50.