Nifty February 2010 futures at premium

Turnover rises

Nifty February 2010 futures were at 4,885, at a premium of 17.75 points as compared to the spot closing of 4,867.25. Turnover in NSE's futures & options (F&O) segment increased to Rs 1,66,193.03 crore from Rs 1,58,503.98 crore on Wednesday, 27 January 2010.

The near-month January 2010 contracts expired today, 28 January 2010. The rollover of Nifty futures from January 2010 series to February 2010 series was about 60% and for Mini Nifty futures it was about 64% at the end of Wednesday's trading.

Reliance Industries February 2010 futures were at premium at 1,043.55 compared to the spot closing of 1,038.35.

Tata Steel February 2010 futures were at discount at 581 compared to the spot closing of 587.85.

State Bank of India February 2010 futures were at discount at 2,005.60 compared to the spot closing of 2,010.

In the cash market, the S&P CNX Nifty rose 14.15 points or 0.29% at 4867.25.