Nifty March 2012 futures closed at 5,258.70 at a premium of 38.25 points over spot closing of 5,220.45, while Nifty April 2012 futures were at 5,297.00 at a premium of 76.55 points over spot closing. The near month March 2012 derivatives contract expires on Thursday, March 29, 2012. Nifty March futures saw contraction of 0.90 million (mn) units taking the total outstanding open interest (OI) to 24.90 mn units.
From the most active contract, DLF March 2012 futures were at a premium of 2.10 point at 201.10 compared with spot closing of 199.00. The number of contracts traded was 19,146.
Tata Steel March 2012 futures were at a premium of 4.05 point at 427.05 compared with spot closing of 423.00. The number of contracts traded was 19,223.
HDIL March 2012 futures were at a premium of 1.20 at 102.50 compared with spot closing of 101.30. The number of contracts traded was 15,707.
Reliance Industries March 2012 futures were at a premium of 5.35 point at 769.35 compared with spot closing of 764.00. The number of contracts traded was 19,180.
ICICI Bank March 2012 futures were at a premium of 8.30 point at 869.75 compared with spot closing of 861.45. The number of contracts traded was 24,124.