Nifty futures above 8000 October 27

Analysis

Nifty October 2014 futures were at 8020, a premium of 24.10 points over spot closing of 7995.90*Turnover on NSE's futures & options (F&O) segment declined to Rs 225494.56 crore from Rs 296531.74 crore on Tuesday, 21 October 2014

• Reliance Industries October 2014 futures were at 951.45, at a premium over spot closing of 947.15
• State Bank of India October 2014 futures were at 2587, at a premium over spot closing of 2576.80
• Tata Motors October 2014 futures were at 517.80, at a discount compared to spot closing of 518.65
• In the spot market, the 50-unit CNX Nifty rose 68.15 points or 0.86% to settle at 7,995.90, its highest closing since 24 September 2014 The October 2014 derivatives contracts expire on 30 October 2014.