13:09 May 26, 2013  

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Market Commentary - Futures Market
Nifty July 2012 futures above 5200
Published on Fri Jun 29, 2012 at 04:24 PM

Nifty July futures were at 5288.75, at a premium of 9.85 points over spot closing of 5278.90. Turnover on NSE`s futures & options (F&O) segment declined to Rs 102978.12 crore from Rs 213032.69 crore on Thursday, 28 June 2012.

Cairn India July 2012 futures were at 308.95, near spot closing of 307.25.

State Bank of India (SBI) July 2012 futures were at 2136, at a discount compared to spot closing of 2148.60.

ICICI Bank July 2012 futures were at 893, at a premium over spot closing of 889.45.

In the cash market, the S&P CNX Nifty jumped 129.75 points or 2.52% to settle at 5,278.90, its highest closing level since 20 April 2012.

The July 2012 derivatives contracts expire on 26 July 2012.

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