Nifty January 2013 futures at premium

Turnover surges Nifty January 2013 futures were at 6033.95, at a premium of 40.70 points over spot closing of 5993.25. Turnover on NSE's futures & options (F&O) segment surged to Rs 95416.87 crore from Rs 74896.83 crore on Tuesday, 1 January 2013. State Bank of India (SBI) January 2013 futures were at 2468, at a premium over spot closing of 2451.90. United Spirits January 2013 futures were at 2001.50, at a premium over spot closing of 1984.90. Reliance Industries (RIL) January 2013 futures were at 852.40, at a premium over spot closing of 844. In the spot market, the 50-unit S&P CNX Nifty advanced 42.40 points or 0.71% to settle at 5,993.25, its highest closing level since 6 January 2011. The January 2013 derivatives contracts expire on 31 January 2013