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Thursday, February 26, 2009

Turnover surges


Nifty March 2009 futures at discount

Nifty March 2009 futures were at 2767, at a discount of 18.65 points as compared to the spot closing of 2785.65. Turnover in NSE's futures & options (F&O) segment surged to Rs 50,142.32 crore from Rs 40,129.86 crore on Wednesday, 25 February 2009, as traders squared positions in February 2009 contracts and created fresh positions in March 2009 contracts ahead of today's (26 February 2009) expiry of February 2009 contracts.

NTPC March 2009 futures were at discount at 180.65 compared to the spot closing of 184.75.

Punj Lloyd March 2009 futures were near spot price at 83.40 compared to the spot closing of 82.95.

Shree Renuka Sugars March 2009 futures were near spot price at 81.45 compared to the spot closing of 81.20.

In the cash market, the S&P CNX Nifty gained 23.15 points or 0.84% at 2785.65.