Nifty September 2010 futures at premium

Turnover rises as rollover gathers steam

Nifty August 2010 futures were at 5464.95, at a slight premium over spot closing of 5462.35. Nifty September 2010 futures were at 5469.30, at a premium of 6.95 points over spot closing of 5462.35. The near-month August 2010 derivatives contracts expire on Thursday, 26 August 2010.



Turnover on NSE's futures & options segment rose to Rs 139650.18 crore from Rs 132277.27 crore on Tuesday, 24 August 2010, as traders rolled over positions from the near-month August 2010 series to the September 2010 series.

Tata Motors August 2010 futures were near spot price at 993.80 compared to the spot closing of 992.30.

Reliance Industries August 2010 futures were at premium at 969.35 compared to the spot closing of 966.80.

State Bank of India August 2010 futures were at premium at 2824.15 compared to the spot closing of 2821.05.

In the spot market, the 50-unit S&P CNX Nifty lost 42.75 points or 0.78% to 5,462.35, as concerns over the pace of the global economic recovery continued to hurt sentiment across global equities