Nifty December 2011 futures at premium

Turnover surges

Nifty December 2011 futures were at 4812, at a premium of 6.90 points compared to spot closing of 4805.10. Turnover on NSE's futures & options (F&O) segment surged to Rs 92298.96 crore from Rs 80615.34 crore on Monday, 28 November 2011.

State Bank of India (SBI) December 2011 futures were at 1741.80, at a discount compared to spot closing of 1755.90.



ICICI Bank December 2011 futures were at 740.75, at a premium over spot closing of 736.70.

L&T December 2011 futures were at 1279.50, at a premium over spot closing of 1277.30.

In the cash market, the S&P CNX Nifty lost 46.20 points or 0.95% to settle at 4,805.10, its lowest closing level since 25 November 2011.

The December 2011 derivatives contracts expire on 29 December 2011.