Nifty August 2011 futures below 5350

Turnover surges

Nifty August 2011 futures were at 5,339.80, at a premium of 8 points over spot closing of 5,331.80. Turnover in NSE's futures & options segment surged to Rs 123167.69 crore from Rs 104008.08 crore on Wednesday, 3 August 2011.

Reliance Industries August 2011 futures were at 813.20, at a premium spot closing of 811.

Tata Steel August 2011 futures were at 558.10, near spot closing of 558.50.



Larsen & Toubro August 2011 futures were at 1638.90, at a discount compared to spot closing of 1649.

In the cash market, the S&P CNX Nifty plunged 73 points or 1.35% to settle at 5,331.80, its lowest closing level since 23 June 2011.

The August 2011 derivatives contracts expire on 25 August 2011.