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MARKET WATCH: State Bank of India sees fresh shorts.

Business Line

| September 18, 2008 | COPYRIGHT 1999 Kasturi & Sons Ltd. (Hide copyright information)Copyright

from BUSINESS LINE, September 18, 2008 Chennai, Sept. 17 - Turnover remained moderate on Wednesday at Rs 58,546.48 crore in the F&O segment on the NSE against Tuesday's figure of Rs 56,509 crore.

The Nifty September future surrendered its premium with respect to the spot close on account of unwinding of long positions. Fresh short positions have also been initiated, particularly during the closing hours of trading.

The September future ended the day at 4009 against the spot close of 4008.25 and added about 18.67 lakh shares in open interest positions.

Among the options, Nifty 4100 call added about 21.45 lakh shares and 4300 call 10.2 lakh shares. On …

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