Nifty June 2011 futures closed at 5,608.00, at a premium of just 7.55 point over spot closing of 5,600.45, while Nifty July 2011 futures were at 5,629.95 at a premium of 29.50 points over spot closing. The near month June 2011 derivatives contract expires on Thursday, June 30, 2011. Nifty June futures saw addition of 10.76% or 1.76 million (mn) units, taking the total outstanding open interest (OI) to 18.16 mn units.
From the most active underlying, SBI’s June 2011 futures closed at a discount of 3.15 points at 2383.00 compared with spot closing of 2386.15. The number of contracts traded was 23,646.
Tata Motors June 2011 futures were at a premium of 2.45 point at 998.50 compared with spot closing of 996.05. The number of contracts traded was 21,265.
RIL June 2011 futures were at a premium of 0.60 points at 887.60 compared with spot closing of 887.00. The number of contracts traded was 23,702.
ICICI Bank June 2011 futures were at a premium of 1.30 at 1091.30 compared with spot closing of 1090.00. The number of contracts traded was 15,839.
Tata Steel June 2011 futures were at a premium of 0.55 at 602.50 compared with spot closing of 601.95. The number of contracts traded was 14,303.