Equity Alert: Nifty Oct at 22-point premium; open interest up 6%
MUMBAI--1:20PM--Nifty October futures contract was trading at
nearly
22-point premium to the spot, with over 6% rise in open interest.
--Nifty was at 4020.00, down 90.55 points, or 2.2%.
--Nifty October was at 4042.00, down 116.55 points, or 2.8%.
Traders built short positions in real estate and select
information
technology shares, dealers said.
Bank shares like SBI, ICICI Bank, and capital goods shares L&T and
BHEL
have some long position built up, a dealer said.
September contracts of Reliance Industries, State Bank of India,
Reliance
Capital, ICICI Bank and DLF were most actively traded.
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