Nifty June 2011 futures above 5500

Turnover drops

Nifty June 2011 futures were at 5501.90, at a premium of 19.10 points over spot closing of 5482.80. Turnover on NSE's futures & options segment declined to Rs 82244.24 crore from Friday's (10 June 2011) Rs 89453.69 crore.



State Bank of India (SBI) June 2011 futures were at 2235.70, at a premium compared with spot closing of 2221.85.

Titan Industries June 2011 futures were at 4652.80, at a discount to spot closing of 4734.

Tata Steel June 2011 futures were at 566.15, at a premium over spot closing of 562.90.

In the cash market, the S&P CNX Nifty lost 3 points or 0.05% to settle at 5,482.80, its lowest closing level since 30 May 2011.