Turnover soars as traders roll over positions to May 2010 series

Nifty April 2010 futures at premium

Nifty April 2010 futures were at 5,223.75, at a premium of 8.30 points over spot closing of 5,215.45. Turnover in NSE's futures & options (F&O) segment surged to Rs 1,46,788.34 crore from Rs 91,547.86 crore on Tuesday, 27 April 2010, as traders rolled over positions from the April 2010 series to the May 2010 series ahead of the expiry of the near-month April 2010 contracts on Thursday, 29 April 2010.

Tata Steel April 2010 futures were at a slight premium at 626.90 compared to the spot closing of 624.30.

ICICI Bank April 2010 futures were at slight discount at 920.10 compared to the spot closing of 921.50.

Reliance Industries April 2010 futures were near the spot price at 1018 compared to the spot closing of 1018.60.

In the cash market, the S&P CNX Nifty fell 92.90 points or 1.75% at 5,215.45.