SBI April 2012 futures at discount

F&O turnover surges Nifty May 2012 futures were at 5220, at a premium of 19.40 points over spot closing of 5200.60. Nifty April 2012 futures were at 5184, at a discount of 16.60 points compared to spot closing. Turnover on NSE's futures & options (F&O) segment surged to Rs 163080.44 crore from Rs 144561.78 crore on Friday, 20 April 2012. State Bank of India (SBI) April 2012 futures were at 2183, at a discount compared to spot closing of 2186. Tata Motors April 2012 futures were at 309.30, near spot closing of 309. Infosys April 2012 futures were at 2311.50, at a premium compared to spot closing of 2307. In the cash market, the S&P CNX Nifty shed 90.25 points or 1.71% to settle at 5,200.60, its lowest closing level since 29 March 2012. The near-month April 2012 derivatives contracts expire on Thursday, 26 April 2012.