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Wednesday, December 01, 2010

SBI, ICICI Bank December futures at premium


Turnover drops

Nifty December 2010 futures were at 5982, at a premium of 21.10 points over spot closing of 5960.90. Turnover on NSE's futures & options segment declined to Rs 95419.91 crore from Rs 114969.92 crore on Tuesday, 30 November 2010.

State Bank of India (SBI) December 2010 futures were at 3101.20, at a premium over spot closing of 3088.

ICICI Bank December 2010 futures were at a premium at 1174.95, compared to spot closing of 1165.50.

Tata Motors December 2010 futures were at a discount at 1293.10, compared with spot closing of 1295.

In the spot market, the S&P CNX Nifty jumped 98.20 points or 1.67% to settle at 5,960.90, as the market extended gains for the third day in a row.