Turnover at Rs 11,154 crore

Derivatives Report

 Individual stock futures were the most active and recorded a turnover of Rs 7079.56 crore. The most active contracts was the Nifty followed by Tata Motors, Satyam Computer, Tata Steel and Reliance Industries.

 December contracts of Nifty were trading at a premium of around 4 to 5 points to the spot Nifty. The open interest position remained stagnant at its previous levels.

 The implied volatility has, however, down and is currently around 20 per cent in call options and 24 per cent in put options.

 Some of the stocks showed a reduction in the open interest position. ACC for instance has continued to lose open interest amounting to five lakh shares though the stock price has been moving up in the cash segment. Dealers said that this was an indication of