| Market Commentary | Thursday, July 19, 2012 17:10 Hrs IST |
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FUTURES MARKET Nifty July 2012 futures at premium Turnover declines
Nifty July futures were at 5257.50, at a premium of 14.80 points over spot closing of 5242.70. Turnover on NSE's futures & options (F&O) segment declined to Rs 111956.52 crore from Rs 114457.21 crore on Wednesday, 18 July 2012. Maruti Suzuki India July 2012 futures were at 1117.55, at a premium over spot closing of 1113.85. State Bank of India (SBI) July 2012 futures were at 2163.40, at a premium over spot closing of 2157.60. Infosys July 2012 futures were at 2240, matching spot closing of 2240. In the cash market, the S&P CNX Nifty rose 26.40 points or 0.51% to settle at 5242.70, its highest closing level since 11 July 2012. The July 2012 derivatives contracts expire on 26 July 2012.
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