Nifty October 2011 futures hit 5000

Turnover rises

Nifty October 2011 futures were at 5000, at a premium of 20.40 points over spot closing of 4979.60. Turnover in NSE's futures & options segment rose to Rs 101314.58 crore, from Rs 100109.90 crore on Friday, 7 October 2011.

State Bank of India (SBI) October 2011 futures were at 1763.20, at a premium over spot closing of 1755.



Infosys Technologies October 2011 futures were at 2581, at a discount compared to spot closing of 2592.80.

Bharti Airtel October 2011 futures were at 366.20, near spot closing of Rs 366.25.

In the cash market, the S&P CNX Nifty surged 91.55 points or 1.87% to settle at 4,979.60, its highest closing level since 29 September 2011.

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