Nifty October 2011 futures above 5100

Turnover surges

Nifty October 2011 futures were at 5114.85, at a premium of 15.45 points over spot closing of 5099.40. Turnover in NSE's futures & options segment surged to Rs 139168.12 crore from Rs 103839.19 crore on Tuesday, 11 October 2011.

State Bank of India (SBI) October 2011 futures were at 1881, near spot closing of 1880.

Infosys October 2011 futures were at 2675, at a discount compared to spot closing of 2681.

L&T October 2011 futures were at 1447.05, at a premium over spot closing of 1442.

In the cash market, the S&P CNX Nifty surged 125.05 points or 2.51% to settle at 5,099.40, its highest closing level since 21 September 2011.

The near-month October 2011 derivatives contracts expire on 25 October 2011.