Nifty January 2009 futures at discount

Turnover declines

Nifty January 2009 futures were at 2812, at a discount of 23.30 points as compared to the spot closing of 2835.30. Turnover in NSE's futures & options (F&O) segment was Rs 36,766.76 crore, lower than Rs 38,378.33 crore on Tuesday, 13 January 2009.

HDFC Bank January 2009 futures were at discount at 976.60 compared to the spot closing of 977.55.

State Bank of India January 2009 futures were near spot price at 1197 compared to the spot closing of 1196.90.

Reliance Industries January 2009 futures were at discount at 1174 compared to the spot closing of 1179.75.

In the cash market, the S&P CNX Nifty surged 90.35 points or 3.29% at 2835.30.