Nifty December 2011 futures above 4900

Turnover rises

Nifty December 2011 futures were at 4957.15, at a premium of 20.30 points compared to spot closing of 4936.85. Turnover on NSE's futures & options (F&O) segment rose to Rs 113363.99 crore from Rs 112728.47 crore on Wednesday, 30 November 2011.

ICICI Bank December 2011 futures were at 765.55, at a premium over spot closing of 762.

State Bank of India (SBI) December 2011 futures were at 1813.65, at a discount compared to spot closing of 1821.



L&T December 2011 futures were at 1297.50, at a premium over spot closing of 1289.

In the cash market, the S&P CNX Nifty gained 104.80 points, or 2.17% to settle at 4,936.85.

The near-month December 2011 derivatives contracts expire on 29 December 2011.