Nifty January 2008 futures at discount

Turnover slips

Nifty January 2008 futures were at 6175.30, at discount of 3.25 points as compared to spot closing of 6178.55.

The NSE's futures & options (F&O) segment turnover was Rs 70,651.63 crore, which was lower than Rs 74,186.47 crore on Wednesday, 2 January 2008.

NTPC January 2008 futures were at discount, at 274.70, compared to the spot closing of 276.10.

Reliance Petroleum January 2008 futures were at premium, at 234.60, compared to the spot closing of 232.65.

Power Grid Corporation of India January 2008 futures were at premium, at 153.60, compared to the spot closing of 151.80.

In the cash market, the S&P CNX Nifty gained 0.85 points or 0.01% at 6178.55.