Search Now

Recommendations

Monday, May 11, 2009

RIL May 2009 futures at premium


Turnover declines

Nifty May 2009 futures were at 3,550, at a discount of 4.60 points as compared to the spot closing of 3,554.60. Turnover in NSE's futures & options (F&O) segment was Rs 45,810.47 crore, much lower than Rs 56,236.37 crore on Friday, 8 May 2009.

Reliance Industries (RIL) May 2009 futures were at small premium at 1862.70 compared to the spot closing of 1861.60.

State Bank of India May 2009 futures were near spot price at 1257.70 compared to the spot closing of 1258.20.

JSW Steel May 2009 futures were at discount at 420 compared to the spot closing of 424.45.

In the cash market, the S&P CNX Nifty lost 66.10 points or 1.83% at 3,554.60.