Nifty March 2009 futures at huge discount

Turnover declines

Nifty March 2009 futures were at 2629.80, at a steep discount of 44.80 points as compared to the spot closing of 2674.60. Turnover in NSE's futures & options (F&O) segment was Rs 35,310.68 crore, lower than Rs 39,204.47 crore on Friday, 27 February 2009.

State Bank of India March 2009 futures were at discount at 969.50 compared to the spot closing of 994.50.

Reliance Industries March 2009 futures were at discount at 1216.50 compared to the spot closing of 1225.65.

ICICI Bank March 2009 futures were at discount at 300.30 compared to the spot closing of 304.40.

In the cash market, the S&P CNX Nifty lost 89.05 points or 3.22% at 2674.60.