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Wednesday, January 09, 2008

Nifty January 2008 futures at discount


Turnover in F&O segment increases

Nifty January 2008 futures were at 6267.10, at discount of 20.75 points as compared to spot closing of 6287.85.

The NSE's futures & options (F&O) segment turnover was Rs 84,355.67 crore, which was higher than Rs 70,004.57 crore on Monday, 7 January 2008.

Reliance Natural Resources January 2008 futures were near spot price at 245, compared to the spot closing of 244.35.

Reliance Petroleum January 2008 futures were close to the spot price, at 246, compared to the spot closing of 246.80.

Reliance Communications January 2008 futures were at premium, at 810.60, compared to the spot closing of 804.40.

In the cash market, the S&P CNX Nifty gained 8.75 points or 0.14% at 6287.85.