Future spreads decline by 101 bps

Trading activities at the futures counter remained very low during the outgoing week ended June 01, 2012. The average daily volumes at the futures counter declined by 44 percent to stand at 12.40 million shares during the outgoing week as compared to the previous week''''s average of 22.15 million shares.
The futures spreads declined by 101bps on week-on-week basis to stand at 8.26 percent as compared to last week''''s 9.27 percent.