The March Nifty futures is trading at 3345 - a premium of three points compared to the Nifty at 3342. The April Nifty is at 3333 - a discount of nine points and the May Nifty is at 3323 - a discount of 19 points.The open interest in March futures has gone down by 3,20,400, and 36,78,100 in the April series. The May series has declined 2000 in open interest.VSNL is the most actively traded stock futures. The March futures is in trading at Rs 453 - a premium of Re 1 to the cash market price. Reliance Industries is trading in tandem with the cash market price at Rs 794. Satyam, too, is trading in tandem with the cash market price of Rs 842.The Sensex is now up 68 points at 11,154. The Nifty is at 3342 - up 17 points.