Nifty May 2014 futures at premium

Turnover drops

Nifty May 2014 futures were at 6680, at a premium of 20.15 points over spot closing of 6659.85. Turnover on NSE's futures & options (F&O) segment declined to Rs 64920.25 crore from Rs 68242.39 crore on Wednesday, 7 May 2014.

State Bank of India May 2014 futures were at 2099.25, at a premium over spot closing of 2093.

ICICI Bank May 2014 futures were at 1293, at a premium over spot closing of 1288.10.

Union Bank of India May 2014 futures were at 136.40, near spot closing of 135.45.

In the spot market, the 50-unit CNX Nifty rose 7.30 points or 0.11% to settle at 6,659.85, its highest closing level since 6 May 2014.

The May 2014 derivatives contracts expire on 29 May 2014.