Nifty May 2011 futures closed at 5,547.95, at a discount of 3.50 points over spot closing of 5,551.45, while Nifty June 2011 futures were at 5,562.75 at a premium of 11.30 points over spot closing. The near month May 2011 derivatives contract expires on Thursday, May 26, 2011. Nifty May futures saw addition of 0.21% or 0.05 million (mn) units, taking the total outstanding open interest (OI) to 27.80 mn units.
From the most active underlying, ICICI Bank May 2011 futures closed at a premium of 0.85 points at 1080.25 compared with spot closing of 1079.40. The number of contracts traded was 30,421.
SBI’s May 2011 futures were at a premium of 3.80 point at 2651.70 compared with spot closing of 2647.90. The number of contracts traded was 21,492.
Tata Motors May 2011 futures were at a discount of 6.05 points at 1190.00 compared with spot closing of 1196.05. The number of contracts traded was 24,053.
Infosys May 2011 futures were at a discount of 17.00 points at 2865.45 compared with spot closing of 2882.45. The number of contracts traded was 11,278.
Axis Bank May 2011 futures were at a premium of 1.30 points at 1258.50 compared with spot
closing of 1257.20. The number of contracts traded was 12,647.
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