Nifty December 2011 futures closed at 5,066.25 at a premium of 3.65 points over spot closing of 5,062.60, while Nifty January 2011 futures were at 5,088.00 at a premium of 25.40 points over spot closing. The near month December 2011 derivatives contract expires on Thursday, December 29, 2011. Nifty December futures saw addition of 9.77% or 2.20 million (mn) units taking the total outstanding open interest (OI) to 24.76 mn units.

From the most active contract by contract value, SBI’s December 2011 futures were at a discount of 17.30 point at 1917.70 compared with spot closing of 1935.00. The number of contracts traded was 31,367.

ICICI Bank December 2011 futures were at a premium of 6.40 point at 771.00 compared with spot closing of 764.60. The number of contracts traded was 25,632.

Infosys December 2011 futures were at a premium of 12.90 at 2770.00 compared with spot closing of 2757.10. The number of contracts traded was 12,981.

RIL December 2011 futures were at a premium of 6.90 points at 811.00 compared with spot closing of 804.10. The number of contracts traded was 17,531.

Bharti Airtel December 2011 futures were at a premium of 3.00 point at 379.60 compared with spot closing of 376.60. The number of contracts traded was 8,869.