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Wednesday, December 08, 2010

Tata Motors December futures at discount


F&O turnover surges past Rs 1 lakh crore mark

Nifty December 2010 futures were at 5925.20, at a premium of 21.50 points over spot closing of 5903.70. Turnover on NSE's futures & options (F&O) segment surged to Rs 106805.30 crore from Tuesday's (7 December 2010) Rs 97276.98 crore.

Tata Motors December 2010 futures were at a discount at 1329, compared with spot closing of 1340.

State Bank of India December 2010 futures were at 2827.05, at a premium over spot closing of 2806.

Tata Steel December 2010 futures were at a slight premium at 626.30, compared with spot closing of 624.55.

In the spot market, the 50-unit S&P CNX Nifty lost 72.85 points or 1.22% to settle at 5,903.70, as data showing selling by foreign funds on Tuesday, 7 December 2010, dampened sentiment.