Nifty December 2011 futures at premium

Turnover declines

Nifty November 2011 futures were at 4787, at a premium of 8.65 points compared to spot closing of 4778.35. Nifty December 2011 futures were at 4812.25, at a premium of 33.90 points over spot closing. Turnover on NSE's futures & options (F&O) segment declined to Rs 172938.68 crore from Rs 195058.74 crore on Friday, 18 November 2011.

State Bank of India (SBI) November 2011 futures were at 1670, same as spot closing of 1670.



L&T November 2011 futures were at 1223, at a discount compared to spot closing of 1225.

ICICI Bank November 2011 futures were at 739.60, near spot closing of 738.45.

In the cash market, the S&P CNX Nifty lost 127.45 points, or 2.6% to settle at 4,778.35, its lowest closing level since 5 October 2011.

The near-month November 2011 derivatives contracts expire on Thursday, 24 November 2011.