Nifty May 2008 futures above 5,200

Turnover in F&O segment surges

Nifty May 2008 futures were at 5217.40, a premium of 21.90 points as compared to spot closing of 5,195.50.

Turnover in NSE's futures & options (F&O) segment spurted to Rs 41,819.49 crore, as compared to Rs 25,459.22 crore on Monday, 28 April 2008.

Reliance Petroleum (RPL) May 2008 futures were the most active with turnover of Rs 1398.41 crore. RPL May 2008 futures were at 204, a premium compared to the spot closing of 202.55.

However, Reliance Industries (RIL) May 2008 futures were at discount at 2658 compared to the spot closing of 2261.

Sesa Goa May 2008 futures were at premium at 4175 compared to the spot closing of 4165.

In the cash market, the S&P CNX Nifty advanced 105.85 points or 2.08% at 5,195.50.