Nifty March 2010 futures at premium

Turnover spurts

Nifty March 2010 futures were at 4,869.90, at a premium of 10.15 points over spot closing of 4,859.75. Turnover in NSE's futures & options (F&O) segment spurted to Rs 1,22,098.64 crore from Rs 91,298.01 crore on Wednesday, 24 February 2010.

The near-month February 2010 derivatives contracts expired today, 25 February 2010, ahead of the presentation of the Union Budget tomorrow, 26 February 2010. Rollover in Nifty futures was about 55% from February 2010 series to March 2010 series at the end of Wednesday's trade. Rollover in Mini Nifty futures was about 39.05% and the market wide rollover was about 59%.

Bharat Heavy Electricals March 2010 futures were at premium at 2,373 compared to the spot closing of 2371.15.

Larsen & Toubro March 2010 futures were at discount at 1533.95 compared to the spot closing of 1535.

Suzlon Energy March 2010 futures were near spot price at 68.75 compared to the spot closing of 68.45.

In the cash market, the S&P CNX Nifty rose 1.15 points or 0.02% at 4,859.75.