Nifty August 2008 futures at premium

Turnover slips

Nifty August 2008 futures were at 4442.35, a sharp 26.60-point premium over the spot closing of 4,415.75. NSE's futures & options (F&O) segment turnover fell to Rs 38567.7 crore from Rs 43426.67 crore on Tuesday, 19 August 2008.

Reliance Industries (RIL) August 2008 futures was the most active contract with turnover of Rs 694.53 crore. The contract was at 2262, a premium compared to the spot closing of 2257.65.

Reliance Capital August 2008 futures were at premium at 1309.05 compared to the spot closing of 1298.

However ICICI Bank August 2008 futures were at discount at 679.20, as compared to spot closing of 680.15

In the cash market, the S&P CNX Nifty gained 47.50 points or 1.09% at 4,415.75.

Nifty August 2008 futures are set to expire on Thursday, 28 August 2008. As per reports, marketwide rollover of positions from August 2008 series to September 2008 series stood at 7.30%, as of Tuesday, 19 August 2008.

Meanwhile 39 stocks will be included in futures & options segment of the National Stock Exchange from tomorrow, 21 August 2008.

They are ABG Shipyard, Akruti City, Asian Paints, Balaji Telefilms, Container Corporation of India, Core Projects, Deccan Chronicle Holdings, Dish TV, Everonn Systems, Firstsource Solutions, Gujarat State Petronet, GTL Infrastructures, HCL Infosystems, Indiabulls Real Estate, ICSA, KLG Systel, KS Oils, Mindtree Consulting, Mercator Lines, MIC Electronics, Monnet Ispat, MRF, Nava Bharat Ventures, Noida Toll Bridge Company, Opto Circuit, Orbit Corporation, Prism Cement, PTC India, Reliance Industrial Infrastructures, Sintex Industries, SREI Infrastructure, Thermax, Torrent Power, TV 18, UCO Bank, UTV Software, Voltamp Transformers, Walchandnagar Industries.