Nifty November 2011 futures at premium

Turnover surges

Nifty October 2011 futures were at 5105.45, at a premium of 13.55 points over spot closing of 5091.90. Nifty November 2011 futures were at 5121.90, at a premium of 30 points over spot closing. Turnover on NSE's futures & options segment surged to Rs 159182.05 crore from Rs 137726.54 crore on Wednesday, 19 October 2011.

State Bank of India (SBI) October 2011 futures were at 1939, at a premium over spot closing of 1933.90.



ICICI Bank October 2011 futures were at 880.50, at a premium over spot closing of 877.70.

Axis Bank October 2011 futures were at 1133, at a premium over spot closing of 1130.

In the cash market, the S&P CNX Nifty fell 47.25 points or 0.92% to settle at 5,091.90, its lowest closing level since 18 October 2011.

The near-month October 2011 derivatives contracts expire on Tuesday, 25 October 2011.