Turnover spurts ahead of expiry of July 2008 contracts

L&T July 2008 futures at premium

Nifty July 2008 futures were at 4194, at a premium of 4.15 points as compared to spot closing of 4189.85. NSE's futures & options (F&O) segment turnover was Rs 64,804.21 crore, which was higher than Rs 45,000.90 crore on Monday, 28 July 2008. July 2008 derivatives contracts will expire on Thursday, 31 July 2008.

Larsen & Toubro (L&T) July 2008 futures were at premium at 2548.50 compared to the spot closing of 2546.65.

State Bank of India July 2008 futures were at discount at 1310 compared to the spot closing of 1318.65.

Reliance Petroleum July 2008 futures were near spot price at 159.60 compared to the spot closing of 159.45.

In the cash market, the S&P CNX Nifty lost 142.25 points or 3.28% at 4189.85.

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