Turnover drops
Nifty December 2014 futures were at 8581.40, a premium of 43.75 points over spot closing of 8537.65. Turnover on NSE's futures & options (F&O) segment declined to Rs 138177.95 crore from Rs 197488.72 crore on Tuesday, 2 December 2014.
ICICI Bank December 2014 futures were at 1799.70, at a premium over spot closing of 1793.
State Bank of India December 2014 futures were at 319.70, at a premium over spot closing of 318.05.
Axis Bank December 2014 futures were at 499.95, at a premium over spot closing of 498.15.
In the spot market, the 50-unit CNX Nifty rose 12.95 points or 0.15% to settle at 8,537.65, its highest closing level since 1 December 2014.
The December 2014 derivatives contract expire on 24 December 2014.
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