The BSE India cloased at 16958, up by 422 points, The index touched a high and a low of 16,971.83 and 16,608.57 respectively. While Nifty Index also closed by up at 5099, by 125 points, the index touched high and low of 5,109.80 and 4,997.65 respectively.

Nifty October 2011 futures closed at 5,114.85 at a premium of 15.45 points over spot closing of 5,099.40, while Nifty November 2011 futures were at 5,130.00 at a premium of 30.60 points over spot closing. The near month October 2011 derivatives contract expires on Thursday, October 25, 2011. Nifty October futures saw addition of 12.62% or 2.64 million (mn) units, taking the total outstanding open interest (OI) to 23.60 mn units.

Among Nifty calls, 5100 SP from the October month expiry was the most active call with contraction of 0.48 million or 9.86%. Among Nifty puts, 5000 SP from the October month expiry was the most active put with addition of 1.89 million or 52.15%. The maximum Call OI outstanding for Calls was at 5100 SP (4.39 mn) and that for Puts was at 5000 SP (5.53 mn).