Nifty July 2008 futures at steep discount

Turnover surges

Nifty July 2008 futures were at 3815, at a discount of 81.75 points as compared to spot closing of 3896.75. NSE's futures & options (F&O) segment turnover was Rs 47,969.80 crore, which was higher than Rs 40,590.90 crore on Monday, 30 June 2008.

Reliance Industries July 2008 futures were at discount at 2027 compared to the spot closing of 2044.15.

Tata Steel July 2008 futures were at discount at 677 compared to the spot closing of 697.70.

Cairn India July 2008 futures were at discount at 257.40 compared to the spot closing of 258.90.

In the cash market, the S&P CNX Nifty lost 143.80 points or 3.56% at 3896.75.