Nifty October 2007 futures settles just above 5,300

Turnover spurts to Rs 110,563.83 crore

Nifty October 2007 futures settled at 5,307, a discount of 44 points as compared to spot closing of 5,351

Total turnover in NSE’s futures & options (F&O) segment surged to Rs 110,563.83 crore as compared to Rs 98,395.58 crore on previous day, 17 October 2007.

Reliance Communications October 2007 futures was most active with turnover of Rs 3843.46 crore. Its futures settled at 774.50, a premium as compared to spot closing of Rs 762.40

Reliance Industries October 2007 futures settled at premium, at 2732.80, compared to the spot closing of Rs 2694.10.

RNRL October 2007 futures were at premium, at 101.20, compared to the spot closing of Rs 100.15.

In the cash market, the S&P CNX Nifty slumped 208.30 points or 3.75% at 5,351. It struck an all time high of 5,736.80 in intra-day trade.