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Nifty May 2011 futures end at 5,433.95 on Thursday

19 May 2011 Evaluate

Nifty May 2011 futures closed at 5,433.95, at a premium of 5.85 points over spot closing of 5,428.10, while Nifty June 2011 futures were at 5,443.50 at a premium of 15.40 points over spot closing. The near month May 2011 derivatives contract expires on Thursday, May 26, 2011. Nifty May futures saw addition of 4.47% or 1.16 million (mn) units, taking the total outstanding open interest (OI) to 27.14 mn units.

From the most active underlying, L&T May 2011 futures closed at a premium of 3.95 points at 1613.00 compared with spot closing of 1609.05. The number of contracts traded was 112,470.

SBI’s May 2011 futures were at a discount of 18.00 point at 2308.00 compared with spot closing of 2326.00. The number of contracts traded was 25,921.

Tata Motors May 2011 futures were at a premium of 0.90 points at 1154.95 compared with spot closing of 1154.05. The number of contracts traded was 15,773.

Tata Steel May 2011 futures were at a premium of 0.30 points at 563.50 compared with spot closing of 563.20. The number of contracts traded was 15,961.

ICICI Bank May 2011 futures were at a premium of 3.80 points at 1036.00 compared with spot closing of 1032.20. The number of contracts traded was 17,190.

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