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Tuesday, January 15, 2008

Nifty January 2008 futures at discount


Reliance group stocks dominate turnover charts

Nifty January 2008 futures were at 6063, a discount of 11.25 points as compared to spot closing of 6,074.25.

The NSE's futures & options (F&O) segment turnover surged to Rs 65,569.15 crore as compared to Rs 53,245.37 crore on Monday, 14 January 2008.

Reliance group stocks dominated turnover charts, as four out of five most active stocks in NSE's futures & options were from Reliance group. Reliance Natural Resources January 2008 futures were at discount, at 216.45, compared to the spot closing of 216.70. It was the most active contract on NSE's F&O segment with turnover of Rs 3272.17 crore

Reliance Industries January 2008 futures were at premium, at 3159, compared to the spot closing of 3156.

Reliance Capital January 2008 futures were at premium, at 2764.90, compared to the spot closing of 2745.

Reliance Energy January 2008 futures were at premium, at 2346, compared to the spot closing of 2330.

In the cash market, the S&P CNX Nifty tumbled 132.55 points or 2.14% at 6,074.25