BSE Sensex closed at 16008 down by 158 points, the index touched a high and a low of 16,210.37 and 15,952.54 respectively. While Nifty index closed at 4805 down by 46 points, the index touched high and low of 4,866.10 and 4,787.10 respectively.

Nifty December 2011 futures closed at 4,812.00 at a premium of 6.90 points over spot closing of 4,805.10, while Nifty January 2011 futures were at 4,832.00 at a premium of 26.90 points over spot closing. The near month December 2011 derivatives contract expires on Thursday, December 29, 2011. Nifty December futures saw addition of 7.60% or 1.62 million (mn) units taking the total outstanding open interest (OI) to 22.95 mn units.

Among Nifty calls, 5000 SP from the December month expiry was the most active call with addition of 0.56 million or 11.47%. Among Nifty puts, 4700 SP from the December month expiry was the most active put with an addition of 0.22million or 3.16%. The maximum Call OI outstanding for Calls was at 5000 SP (5.50 mn) and that for Puts was at 4700 SP (7.13 mn).