Nifty March 2008 Futures at a discount

Turnover in F&O segment declines

Nifty March 2008 futures were at 4882, at a discount of 71 points as compared to spot closing of 4953.

The NSE's futures & options (F&O) segment turnover was Rs 36,591.82 crore, which was lower than Rs 49,083.49 crore on Friday, 29 February 2008.

Reliance Industries (RIL) March 2008 futures were at discount, at 2296, compared to the spot closing of 2306.

Steel Authority of India (Sail) March 2008 futures were at discount, at 228.05, compared to the spot closing of 230.75.

Reliance Natural Resources (RNRL) March 2008 futures were at discount, at 123.75, compared to the spot closing of 124.75.

In the cash market, the S&P CNX Nifty lost 270.50 points or 5.18% at 4953.