Nifty February 2010 futures at premium

Turnover rises

Nifty February 2010 futures were at 4,880, at a premium of 9.95 points as compared to the spot closing of 4,870.05. Turnover in NSE's futures & options (F&O) segment rose to Rs 82,264 crore from Rs 81,018.24 crore on Monday, 22 February 2010.

The near-month February 2010 derivatives contracts will expire on Thursday, 25 February 2010, just a day ahead of the presentation of the Budget on Friday, 26 February 2010. Rollover in Nifty futures from February 2010 series to March 2010 series was about 29% at the end of Monday's (22 February 2010) trading. Rollover in Mini Nifty futures was also at the same level.

Tata Motors February 2010 futures were at discount at 700.40 compared to the spot closing of 701.80.

ICICI Bank February 2010 futures were at discount at 846.95 compared to the spot closing of 849.35.

Axis Bank February 2010 futures were near spot price at 1099.80 compared to the spot closing of 1099.60.

In the cash market, the S&P CNX Nifty rose 13.65 points or 0.28% at 4,870.05.