Turnover surges

Nifty May 2009 futures at premium

Nifty May 2009 futures were at 4287, at a premium of 10.95 points as compared to the spot closing of 4276.05. Turnover in NSE's futures & options (F&O) segment surged to Rs 83,564.87 crore from Rs 77,396.06 crore on Tuesday, 26 May 2009.

The near-month May 2009 F&O contract will expire tomorrow, 28 May 2009. Rollover in the S&P Nifty futures was 44% from May 2009 contracts to June 2009 at the end of Tuesday's (26 May 2009) trade.

ICICI Bank May 2009 futures were at premium at 711.95 compared to the spot closing of 710.25.

Housing Development & Infrastructure May 2009 futures were at premium at 283 compared to the spot closing of 281.60.

DLF May 2009 futures were near spot price at 366.40 compared to the spot closing of 366.

In the cash market, the S&P CNX Nifty surged 159.35 points or 3.87% at 4,276.05.