Nifty May 2010 futures above 4,900

Turnover declines

Nifty May 2010 futures were at 4,910.30, at a discount of 7.10 points compared to spot closing of 4,917.40. Turnover in NSE's futures & options (F&O) segment was Rs 1,32,052.82 crore, lower than Rs 1,49,625.66 crore on Tuesday, 25 May 2010. The near-month May 2010 contracts expire tomorrow, on 27 May 2010.

Bharat Heavy Electricals May 2010 futures were at premium at 2257.70 compared to the spot closing of 2255.

Punj Lloyd May 2010 futures were near spot price at 131.85 compared to the spot closing of 131.95.

Larsen & Toubro May 2010 futures were at discount at 1607.10 compared to the spot closing of 1611.50.

In the cash market, the S&P CNX Nifty rose 110.65 points or 2.30% at 4,917.40.