Nifty December 2011 futures below 5000

Turnover rises

Nifty December 2011 futures were at 4948.60, at a premium of 4.95 points compared to spot closing of 4943.65. Turnover on NSE's futures & options (F&O) segment to rose to Rs 130148.74 crore from Rs 111622.45 crore on Wednesday, 7 December 2011.

State Bank of India (SBI) December 2011 futures were at 1857.90, at a discount compared to spot closing of 1863.90.



ICICI Bank December 2011 futures were at 749, at a premium over spot closing of 745.10.

L&T December 2011 futures were at 1269, at a premium over spot closing of 1260.

In the cash market, the S&P CNX Nifty lost 118.95 points, or 2.35% to settle at 4,943.65, its lowest closing level since 1 December 2011.

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