Nifty August 2009 futures at premium

Turnover drops

Nifty August 2009 futures were at 4578, at a premium of 6.55 points as compared to the spot closing of 4571.45. Turnover in NSE's futures & options (F&O) was Rs 94,477.38 crore, lower than Rs 1,16,508.34 crore on Wednesday, 29 July 2009.

Rollover of Nifty positions from July 2009 contracts to August 2009 contracts was about 60% at the end of Wednesday's (29 July 2009) trading. July 2009 derivative contracts expired today, 30 July 2009.

State Bank of India August 2009 futures were at premium at 1734.50 compared to the spot closing of 1722.80.

Bharat Heavy Electricals August 2009 futures were at premium at 2210.05 compared to the spot closing of 2200.80.

Tata Steel August 2009 futures were at discount at 447.20 compared to the spot closing of 452.15.

In the cash market, the S&P CNX Nifty gained 57.95 points or 1.28% at 4571.45.