Nifty May 2008 futures at discount

Turnover in F&O segment surges

Nifty May 2008 futures were at 5113, at a discount of 2.25 points as compared to spot closing of 5115.25.

The NSE's futures & options (F&O) segment turnover was Rs 38,196.16 crore, which was higher than Rs 32,919.78 crore on Wednesday, 14 May 2008.

Reliance Industries May 2008 futures were near spot price at 2622 compared to the spot closing of 2622.95.

Reliance Communications May 2008 futures were near spot price at 590 compared to the spot closing of 589.75.

Reliance Capital May 2008 futures were at premium at 1371 compared to the spot closing of 1362.75.

In the cash market, the S&P CNX Nifty gained 103.50 points or 2.07% at 5115.25.