Nifty November 2014 futures closed at 8416.65 on Friday at a premium of 26.75 points over spot closing of 8,389.90, while Nifty December 2014 futures ended at 8464.20 at a premium of 74.30 points over spot closing. Nifty November futures saw contraction of 0.25 million (mn) units, taking the total outstanding open interest (OI) to 22.84 mn units. The near month derivatives contract will expire on November 27, 2014.
From the most active contracts, HDFC Bank November 2014 futures traded at a premium of 4.80 points at 936.80 compared with spot closing of 932.00. The number of contracts traded were 27,517.
BHEL November 2014 futures traded at a discount of 4.25 points at 242.20 compared with spot closing of 246.45. The number of contracts traded were 22,342.
Reliance Industries November 2014 futures traded at a premium of 6.95 points at 975.95 compared with spot closing of 969.00. The number of contracts traded were 15,969.
Tata Steel November 2014 futures traded at a premium of 0.15 points at 480.65 compared with spot closing of 480.50. The number of contracts traded were 35,009.
Tata Motors November 2014 futures traded at a premium of 2.90 points at 525.40 compared with spot closing of 522.50. The number of contracts traded were 16,162.
