Nifty November 2011 futures above 5300

Turnover declines

Nifty November 2011 futures were at 5317, at a premium of 32.80 points over spot closing of 5284.20. Turnover on NSE's futures & options segment declined to Rs 93428.60 crore from Rs 103947.60 crore on Thursday, 3 November 2011.

State Bank of India (SBI) November 2011 futures were at 1973.45, at a premium over spot closing of 1965.50.



Bharti Airtel November 2011 futures were at 400.30, at a premium over spot closing of 397.40.

JSW Steel November 2011 futures were at 714.70, at a premium over spot closing of 710.

In the cash market, the S&P CNX Nifty rose 18.45 points, or 0.35% to settle at 5,284.20, its highest closing level since 31 October 2011.

The near-month November 2011 derivatives contracts expire on 24 November 2011.