Nifty June 2012 futures at slight premium

Turnover rises Nifty June 2012 futures were at 4992, at a premium of 6.35 points compared to the spot closing of 4985.65. Nifty May 2012 futures were at 4987.50, near spot closing. Turnover on NSE's futures & options (F&O) segment surged to Rs 136423.91 crore from Rs 122173.77 crore on Friday, 25 May 2012. State Bank of India (SBI) May 2012 futures were at 2106.30, near spot closing of 2104. Tata Motors May 2012 futures were at 277.70, near spot closing of 277.10. Tata Steel May 2012 futures were at 410.40, near spot closing of 410.95. In the cash market, the S&P CNX Nifty jumped 65.25 points or 1.33% to settle at 4,985.65, its highest closing level since 8 May 2012. The near-month May 2012 derivatives contracts expire on Thursday, 31 May 2012.