The BSE index closed at 16776 down by 107 points, the index touched a high and a low of 16,878.30 and 16,641.65 respectively. While Nifty closed at 5030 also down by 38 points, the index touched high and low of 5,065.20 and 4,989.50 respectively.

Nifty November 2011 futures closed at 5,079.00 at a premium of 48.55 points over spot closing of 5,030.45, while Nifty December 2011 futures were at 5,105.00 at a premium of 74.55 points over spot closing. The near month November 2011 derivatives contract expires on Thursday, November 24, 2011. Nifty November futures saw addition of 7.32% or 1.93 million (mn) units taking the total outstanding open interest (OI) to 28.31 mn units.

Among Nifty calls, 5100 SP from the November month expiry was the most active call with addition of 0.57 million or 12.58%. Among Nifty puts, 5000 SP from the November month expiry was the most active put with contraction of 0.08 million or 1.09%. The maximum Call OI outstanding for Calls was at 5100 SP (5.09 mn) and that for Puts was at 5000 SP (7.78 mn).