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Market Commentary
May 2 2008 4:15PM
RIL, HDIL, SBI May 2008 futures at premium

Nifty May 2008 futures were at 5253, at a premium of 24.80 points as compared to spot closing of 5228.20.

The NSE's futures & options (F&O;) segment turnover was Rs 36,304.41 crore, which was higher than Rs 33,950.04 crore on Wednesday, 30 April 2008. The market was closed on Thursday, 1 May 2008, for a public holiday.

Reliance Industries (RIL) May 2008 futures were at premium at 2678 compared to the spot closing of 2674.75.

Housing Development & Infrastructure (HDIL) May 2008 futures were at premium at 862.10 compared to the spot closing of 845.45.

State Bank of India (SBI) May 2008 futures were at premium at 1839 compared to the spot closing of 1822.40.

In the cash market, the S&P; CNX Nifty gained 62.30 points or 1.21% at 5228.20.

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