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Friday, October 29, 2010

Nifty November 2010 futures at huge premium


Turnover soars to a staggering Rs 2.5 lakh crore

Nifty November 2010 futures were at 6,074.90, at a premium of 87.20 points over spot closing of 5,987.70. Turnover in NSE's futures & options (F&O) segment surged to Rs 252504.79 crore from Rs 206567.50 crore on Wednesday, 27 October 2010, as traders rolled over positions from the near-month October 2010 series to November 2010. The near-month October 2010 derivatives contracts expired today, 28 October 2010.



State Bank of India November 2010 futures were at premium at 3,190 compared to the spot closing of 3,175.

Reliance Industries November 2010 futures were at premium at 1,099.65 compared to the spot closing of 1,085.

Bharat Heavy Electricals November October 2010 futures were at premium at 2,468 compared to the spot closing of 2,456.50.

In the cash market, the S&P CNX Nifty fell 24.95 points or 0.41% at 5,987.70.