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Wednesday, October 27, 2010

Turnover crosses Rs 2 lakh crore mark as rollover gathers steam


Nifty November 2010 futures at premium

Nifty October 2010 futures were at 6031, at a premium of 18.35 points over spot closing of 6012.65. Nifty November 2010 futures were at 6061, at a premium of 48.35 points over spot closing of 6012.65.

Turnover in NSE's futures & options (F&O) segment jumped to Rs 206567.50 crore from Rs 144403.84 crore on Tuesday, 26 October 2010, as traders rolled over positions in the derivatives from the near-month October 2010 series to November 2010 series ahead of the expiry of the October 2010 contracts on Thursday, 28 October 2010



NSE's volatility index, India VIX, a gauge of traders' perception of near-term risks in the market based on options prices, was up 2.29% at 21.02. The index had lost 3.79% to 20.55 on Tuesday, 26 October 2010. India VIX is calculated based on the S&P CNX Nifty options prices. India VIX is a measure of the market's expectation of volatility over the next 30 calendar days.

In the cash market, the S&P CNX Nifty plunged 69.35 points or 1.14% to settle at 6012.65