17:12 May 19, 2013  

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Market Commentary - Futures Market
Nifty July 2012 futures above 5300
Published on Tue Jul 10, 2012 at 04:21 PM

Nifty July futures were at 5356.15, at a premium of 10.80 points over spot closing of 5345.35. Turnover on NSE`s futures & options (F&O) segment surged to Rs 100391.57 crore from Rs 86848.16 crore on Monday, 9 July 2012.

State Bank of India (SBI) July 2012 futures were at 2210.50, at a discount compared to spot closing of 2225.50.

ICICI Bank July 2012 futures were at 941.80, at a discount compared to spot closing of 942.80.

Axis Bank July 2012 futures were at 1076, at a discount compared to spot closing of 1078.

In the cash market, the S&P CNX Nifty jumped 70.20 points or 1.33% to settle at 5,345.35, its highest closing level since 3 April 2012.

The July 2012 derivatives contracts expire on 26 July 2012.

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