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Thursday, November 22, 2007

Nifty November futures at a huge premium over spot price


Turnover in F&O segment increases

Nifty November 2007 futures were at Rs 5600, at a premium of 80.65 points as compared to spot closing of 5519.35.

NSE’s futures & options (F&O) segment turnover was Rs 71,149.36 crore, which was higher than Rs 70,758.86 crore on Wednesday, 21 November 2007.

Reliance Capital November 2007 futures were at premium, at Rs 2351, compared to the spot closing of Rs 2321.75.

State Bank of India November 2007 futures were at premium, at Rs 2258, compared to the spot closing of Rs 2249.25.

Larsen & Toubro November 2007 futures were at premium, at Rs 4054.70 compared to the spot closing of Rs 3955.60.

In the cash market, the S&P CNX Nifty lost 41.70 points or 0.75% at 5519.35.