Nifty September 2007 futures below 4,500

Turnover slumps

The Nifty September 2007 futures settled at 4,483.90, a discount of 10.75 points as compared to spot closing of 4,494.65.

The NSE F&O turnover was Rs 35,768.53 crore as compared to Rs 47,177.37 crore on Friday, 14 September 2007.

Reliance Capital September 2007 futures settled at premium, at 1383.60, compared to the spot closing of Rs 1377.05. It was the most active contract with turnover of Rs 1207.01 crore.

GMR Infrastructures September 2007 futures settled at premium, at 775, compared to the spot closing of Rs 768.55. The National Stock Exchange had lifted ban from building fresh positions on the underlying from today, 17 September 2007.

Tata Steel September 2007 futures settled at premium, at 709, compared to the spot closing of Rs 706.

In the cash market, the S&P CNX Nifty was down 23.35 points or 0.52% at 4,494.65.