Search Now

Recommendations

Thursday, September 06, 2007

Nifty September 2007 futures at steep discount


The Nifty September 2007 futures settled at 4416.15, a sharp discount of 59.70 points as compared to spot closing of 4,475.85. In the previous three trading sessions, the Nifty September 2007 futures discount was 45.25 points, 28.75 points, 43.30 points respectively.

The NSE’s F&O turnover was Rs 42,642.91 crore as compared to Rs 39,013.75 crore on Tuesday, 4 September 2007.

Reliance Industries September 2007 futures settled at discount, at 1951, compared to the spot closing of Rs 1952.50. It was the most active contract with turnover of Rs 1765.53 crore.

IDBI September 2007 futures settled at premium, at 133.50, compared to the spot closing of Rs 132.80.

IFCI September 2007 futures settled at premium at 69.50 as compared to spot closing of Rs 69.20 .

State Bank of India September 2007 futures settled at premium, at 1586.20, compared to the spot closing of Rs 1580.50.

In the cash market, the S&P CNX Nifty slipped 3.40 points or 0.08% at 4,475.85.