Search Now

Recommendations

Monday, May 26, 2008

Nifty May 2008 futures below 4,900


Reliance Industries May 2008 futures most active

Nifty May 2008 futures were at 4,878.35, a premium of 3.30 points as compared to spot closing of 4,875.05.

Nifty May 2008 futures are set for expiry on Thursday, 29 May 2008. As per reports, rollover of Nifty positions from May 2008 series to June 2008 series stood at 32% and marketwide positions were 18%, as on 23 May 2008.

The NSE's futures & options (F&O) segment turnover advanced to Rs 44103.52 crore, as compared to Rs 41,317.97 crore on Friday, 23 May 2008.

Reliance Industries May 2008 futures was at 2528.75, a premium as compared to spot price of 2525.90. It the most active contract with turnover of Rs 839.89 crore.

Cairn India May 2008 futures were at premium at 309.65 compared to the spot price of Rs 308.35.

However Tata Steel May 2008 futures were at discount at 876.50 compared to the spot price of Rs 877.15.

In the cash market, the S&P CNX Nifty lost 71.50 points or 1.45% at 4,875.05