Nifty September 2011 futures above 5000

Turnover jumps

Nifty September 2011 futures were at 5,014.05, at a premium of 13.05 points over spot closing of 5,001. Turnover in NSE's futures & options segment jumped to Rs 108801.62 crore from Rs 90130.66 crore on Monday, 29 August 2011.



State Bank of India September 2011 futures were at 1981.60, at a premium over spot closing of 1973.

Tata Steel September 2011 futures were at 466.45, at a discount compared to spot closing of 468.

Tata Motors September 2011 futures were at 747.45, at a slight premium over spot closing of 746.90.

In the cash market, the S&P CNX Nifty surged 81.40 points or 1.65% to settle at 5,001, its highest closing level since 17 August 2011.

The September 2011 derivatives contracts expire on 29 September 2011.