Nifty January 2012 futures near spot price

Turnover surges

Nifty January 2012 futures were at 4972.50, near spot closing of 4967.30. Turnover on NSE's futures & options (F&O) segment surged to Rs 122915.63 crore from Rs 86999.25 crore on Monday, 16 January 2012.

Tata Motors January 2012 futures were at 216.70, near spot closing of 216.60.

State Bank of India January 2012 futures were at 1840, near spot closing of 1838.85.



Reliance Industries January 2012 futures were at 742.30, near spot closing of 740.30.

In the cash market, the S&P CNX Nifty surged 93.40 points, or 1.92% to settle at 4,967.30, its highest closing level since 7 December 2011.

The January 2012 derivatives contracts expire on 25 January 2012.