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Market Commentary
Apr 11 2008 4:57PM
Nifty April 2008 futures at slight discount

Nifty April 2008 futures were at 4773, a discount of 4.80 points as compared to spot closing of 4,777.80. On Thursday, 10 April 2008, the Nifty April 2008 futures had settled at 4722.30, a discount of 10.70 as compared to spot closing of 4733.

Turnover in NSE's futures & options (F&O;) segment advanced to Rs 41003.92 crore today as compared to Rs 33,689.60 crore on Thursday, 10 April 2008.

Reliance Industries (RIL) April 2008 futures were at discount at 2548.70 compared to the spot closing of Rs 2548.95. It was the most active contract clocking turnover of Rs 1879.21 crore.

Reliance Petroleum April 2008 futures were at premium at 182.95 compared to the spot closing of Rs 182.30.

However Tata Steel April 2008 futures were at discount at 691.75 as compared to the spot closing of Rs 694.50.

In the cash market, the S&P; CNX Nifty gained 44.80 points or 0.95% at 4,777.80

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