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Saturday, March 17, 2012

Nifty March 2012 futures at premium


Turnover surges

Nifty March 2012 futures were at 5334.55, at a premium of 16.65 points over spot closing of 5317.90. Turnover on NSE's futures & options (F&O) segment surged to Rs 216356.42 crore from Rs 124153.85 crore on Thursday, 15 March 2012.

State Bank of India (SBI) March 2012 futures were at 2225, at a premium compared to spot closing of 2218.10.

Tata Motors March 2012 futures were at 288, near spot closing of 286.55.



ITC March 2012 futures were at 218.75, near spot closing of 218.20.

In the cash market, the S&P CNX Nifty lost 62.60 points, or 1.16% to settle at 5,317.90, its lowest closing level since 7 March 2012.

The near-month March 2012 derivatives contracts expire on 29 March 2012.