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Nifty December 2014 futures close at a premium of 41.10 points over spot closing

03 Dec 2014 Evaluate

Nifty December 2014 futures closed at 8578.75 on Wednesday at a premium of 41.10 points over spot closing of 8537.65, while Nifty January 2014 futures ended at 8631.60 at a premium of 93.95 points over spot closing. Nifty December futures saw contraction of 0.88 million (mn) units, taking the total outstanding open interest (OI) to 20.51 mn units. The near month derivatives contract will expire on December 24, 2014.

From the most active contracts, ONGC December 2014 futures traded at a discount of 0.35 points at 371.10 compared with spot closing of 371.45. The number of contracts traded were 37,591.

ICICI Bank December 2014 futures traded at a premium of 4.50 points at 1798.60 compared with spot closing of 1794.10. The number of contracts traded were 30,736.

State Bank of India December 2014 futures traded at a premium of 1.80 points at 319.75 compared with spot closing of 317.95. The number of contracts traded were 25,284.

HDFC Bank December 2014 futures traded at a premium of 8.30 points at 941.40 compared with spot closing of 933.10. The number of contracts traded were 19,072.

Reliance Industries December 2014 futures traded at a discount of 4.35 points at 971.00 compared with spot closing of 974.35. The number of contracts traded were 16,341.

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