Nifty May 2013 futures fall below 6000

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SBI Nifty May 2013 futures at discount
Nifty May 2013 futures were at 5987, near spot closing of 5980.45. Turnover on NSE's futures & options (F&O) segment stood at Rs 144721.30 crore.
Axis Bank May 2013 futures were at 1454, matching spot closing of 1454.
Reliance Communications May 2013 futures were at 105.60, at a discount compared to spot closing of 105.70.
State Bank of India (SBI) May 2013 futures were at 2253.30, at a discount compared to spot closing of 2269.95.
In the spot market, the 50-unit CNX Nifty tumbled 126.80 points or 2.08% to settle at 5,980.45, its lowest closing level since 6 May 2013.
The May 2013 derivatives contracts expire on 30 May 2013.
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First Published: May 13 2013 | 4:06 PM IST