Nifty December 2011 futures at premium

Turnover declines

Nifty December 2011 futures were at 5072.25, at a premium of 33.10 points compared to spot closing of 5039.15. Turnover on NSE's futures & options (F&O) segment declined to Rs 88751.86 crore from Rs 113536.82 crore on Friday, 2 December 2011.

State Bank of India (SBI) December 2011 futures were at 1902, at a discount compared to spot closing of 1916.



ICICI Bank December 2011 futures were at 788.80, at a premium over spot closing of 782.90.

Axis Bank December 2011 futures were at 1031.45, near spot closing of 1031.30.

In the cash market, the S&P CNX Nifty lost 11 points, or 0.22% to settle at 5,039.15.

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