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Tuesday, March 04, 2008

Nifty March 2008 futures continues to be at discount


Turnover in F&O segment rises

Nifty March 2008 futures were at 4852, at a discount of 12.25 points as compared to spot closing of 4864.25.

The NSE's futures & options (F&O) segment turnover was Rs 40,644.50 crore, which was higher than Rs 36,591.82 crore on Monday, 3 March 2008.

State Bank of India March 2008 futures were at premium at 1880 compared to the spot closing of 1875.70.

Essar Oil March 2008 futures were near spot price, at 237.75, compared to the spot closing of 237.15.

ICICI Bank March 2008 futures were at discount, at 966, compared to the spot closing of 971.10.

In the cash market, the S&P CNX Nifty lost 88.75 points or 1.79% at 4864.25.