Volumes slip

DERIVATIVES REPORT

Volumes in the derivatives segment saw a fall from the previous trading day's levels. The turnover in the segment on the NSE was at Rs 7,789.38 crore with a total of 2.60 lakh contracts being traded.

Index futures saw a turnover of Rs 2,891.62 crore while turnover in the stock futures segment was to the tune of Rs 3,982.75 crore.

Nifty August futures ended at 1,602 - a slight premium to the spot Nifty's closing of 1,599.15. On the previous trading day, the closing of the near month futures and the spot values were almost at par with each other.

There was also an increase in the open interest position of Nifty futures and at the end of the day the outstanding position was nearly 90 lakh shares.

There were a number of stocks whose futures were trading at a premium to the spot price. Among these were Tata Motors, Reliance Industries and Mahindra & Mahindra.

In the futures segment, the most active contracts were those of Tisco, Tata Motors, Reliance, ACC and Infosys.

In the options segment, the most active contracts were those of Tisco at strikes of 260 and 266.65, Tata Motors at a strike of 400, Reliance at a strike of 480, and Satyam at a strike of 340. In puts, the active contracts were Tisco at a strike of 260, Satyam at a strike of 330, Tata Motors at a strike of 400, SBI at a strike of 440 and Reliance at a strike of 470.