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Thursday, December 31, 2009

Nifty January 2010 futures above 5,200


Turnover jumps

Nifty January 2010 futures were at 5,219.55, at a premium of 18.50 points as compared to the spot closing of 5201.05. Turnover in NSE's futures & options (F&O) segment spurted to Rs 105421.96 crore from Rs 79,691.40 crore on Wednesday, 30 December 2009.

The December 2009 derivatives contracts expired today, 31 December 2009. Rollover in Nifty futures from December 2009 series to January 2010 stood at 58% at the end of Wednesday's (30 December 2009) trade. Rollover in Mini Nifty futures stood at about 50% and the market wide rollover was about 67%.

Bharat Heavy Electricals January 2010 futures were at premium at 2,408.10 compared to the spot closing of 2400.

Larsen & Toubro January 2010 futures were at premium at 1,686.70 compared to the spot closing of 1677.25.

Maruti Suzuki India January 2010 futures were at premium at 1,572 compared to the spot closing of 1,569.

In the cash market, the S&P CNX Nifty rose 31.60 points or 0.61% at 5,201.05.