"F&O TURNOVER SPURTS DUE TO ROLLOVER"

Options Made Easy: Your Guide to Profitable Trading (2nd Edition)Nifty September 2010 futures were at 5471.95 (Open Interest : 31530550; Adds 8498950 (26.95%) Shares), at a discount over the spot closing of 5477.90. Turnover in NSE's futures & options  (F&O) segment surged to Rs 1,56,182.79 crore from Rs 1,39,650.18 on Wednesday, 25 August 2010, as traders rolled positions from the near-month August 2010 series to September 2010 series on the expiry day.
Volume And Open Interest: Revised EditionIn the spot market, the S&P CNX Nifty rose 15.55 points or 0.28% to settle at 5477.90, as bargain hunting emerged after a two-day slide in share prices.
NSE's volatility index, India VIX, lost 9.67% at 17.09. The index had jumped 11.36% to 18.92 on Wednesday, 25 August 2010. The index had lost 0.88% to 16.99 on Tuesday, 24 August 2010. India VIX is calculated based on the S&P CNX Nifty options prices.

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