Turnover declines

TCS October 2009 futures at discount

Nifty October 2009 futures were at 4995.80 at a discount of 11.05 points as compared to the spot closing of 5006.85. Turnover in NSE's futures & options (F&O) segment was Rs 45,244.04 crore, sharply lower than Rs 59,792.44 crore on Friday, 25 September 2009.

Volumes were low as traders refrained from building large positions as this week is a truncated trading week. The market remains closed on Friday, 2 October 2009, on account of Gandhi Jayanti. The market had remained closed for a public holiday on Monday, 28 September 2009.

Tata Consultancy Services (TCS) October 2009 futures were at discount at 607.80 compared to the spot closing of 610.05.

Unitech October 2009 futures were at a slight premium at 107.60 compared to the spot closing of 107.10.

State Bank of India October 2009 futures were near spot price at 2095 compared to the spot closing of 2095.70.

In the cash market, the S&P CNX Nifty rose 47.90 points or 0.97% at 5006.85.