Nifty futures surges, what to expect ?

Turnover surges

Nifty June 2010 futures were at 5,007.70, at a premium of 7.40 points compared to spot closing of 5,000.30. Turnover in NSE's futures & options (F&O) segment surged to Rs 93,058.52 crore from Rs 86,540.16 crore on Tuesday, 8 June 2010.

Bharat Heavy Electricals June 2010 futures were at premium at 2303.90 compared to the spot closing of 2298.

Reliance Industries June 2010 futures were at a slight premium at 1009 compared to the spot closing of 1008.

Larsen & Toubro June 2010 futures were at discount at 1645.25 compared to the spot closing of 1649.

In the cash market, the S&P CNX Nifty rose 13.20 points or 0.26% at 5,000.30.