Nifty November 2008 futures fall below 3000

Turnover surges

Nifty November 2008 futures were at 2922, at a discount of 16.65 points as compared to spot closing of 2938.65. Turnover in NSE's futures & options (F&O) segment surged to Rs 40,386.30 crore from Rs 30,290.49 crore on Monday, 10 November 2008.

Reliance Industries November 2008 futures were at discount at 1200.35 compared to the spot closing of 1207.70.

Reliance Communications November 2008 futures were at discount at 218.40 compared to the spot closing of 220.35.

State Bank of India November 2008 futures were near spot price at 1222 compared to the spot closing of 1222.40.

In the cash market, the S&P CNX Nifty lost 209.60 points or 6.66% at 2938.65.