Nifty March 2015 futures closed at 8704.70 on Wednesday at a premium of 18.80 points over spot closing of 8685.90, while Nifty April 2015 futures ended at 8776.25 at a premium of 90.35 points over spot closing. Nifty March futures saw contraction of 0.74 million (mn) units, taking the total outstanding open interest (OI) to 23.39 million (mn) units. The near month derivatives contract will expire on March 26, 2015.
From the most active contracts, HCL Tech March 2015 futures traded at a discount of 7.75 points at 1998.80 compared with spot closing of 2,006.55. The number of contracts traded were 41,997.
Tech Mahindra March 2015 futures traded at a discount of 6.75 points at 2793.75 compared with spot closing of 2,800.50. The number of contracts traded were 36,399.
Axis Bank March 2015 futures traded at a premium of 2.35 points at 583.60 compared with spot closing of 581.25. The number of contracts traded were 29,873.
Yes Bank March 2015 futures traded at a premium of 1.85 points at 857.55 compared with spot closing of 855.70. The number of contracts traded were 27,527.
State Bank of India March 2015 futures traded at a premium of 0.80 points at 288.10 compared with spot closing of 287.30. The number of contracts traded were 24,257.
