The BSE Index closed at 15700 down by 365 points, the index touched a high and a low of 15,969.60 and 15,478.69 respectively. While nifty closed at 4706 down by 106 points, the index touched high and low of 4,779.50 and 4,640.95 respectively.

Nifty November 2011 futures closed at 4,703.80 at a discount of 2.65 points over spot closing of 4,706.45, while Nifty December 2011 futures were at 4,723.00 at a premium of 16.55 points over spot closing. The near month November 2011 derivatives contract expires on Thursday, November 24, 2011. Nifty November futures saw addition of 11.22% or 2.29 million (mn) units taking the total outstanding open interest (OI) to 22.72 mn units.

Among Nifty calls, 4700 SP from the November month expiry was the most active call with addition of 2.53 million or 231.49%. Among Nifty puts, 4700 SP from the November month expiry was the most active put with a contraction of 0.48 million or 7.56%. The maximum Call OI outstanding for Calls was at 4700 SP (3.62 mn) and that for Puts was at 4700 SP (5.86 mn).