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Tuesday, October 04, 2011

SBI October 2011 futures at discount


Turnover surges

Nifty October 2011 futures were at 4779, at a premium of 6.85 points over spot closing of 4772.15. Turnover in NSE's futures & options segment surged to Rs 111863.83 crore from Rs 81146.33 crore on Monday, 3 October 2011.

State Bank of India (SBI) October 2011 futures were at 1780.40, at a discount compared to spot closing of 1794.05.



ICICI Bank October 2011 futures were at 804.40, at a premium over spot closing of Rs 801.95.

L&T October 2011 October 2011 futures were at 1345, near spot closing of 1347.

In the cash market, the S&P CNX Nifty slumped 77.35 points or 1.6% to settle at 4,772.15, its lowest closing level since 26 August 2011.

The near-month October 2011 derivatives contracts expire on 25 October 2011.