Nifty January 2016 futures closed at 7802.75 on Tuesday at a premium of 18.10 points over spot closing of 7,784.65, while Nifty February 2016 futures ended at 7823.35 at a premium of 38.70 points over spot closing. Nifty January futures saw addition of 0.47 million (mn) units, taking the total outstanding open interest (OI) to 20.71 million (mn) units. The near month derivatives contract will expire on January 28, 2016.
From the most active contracts, SBI January 2016 futures traded at a premium of 0.90 points at 218.65 compared with spot closing of 217.75. The number of contracts traded were 18,015.
ICICI Bank January 2016 futures traded at a discount of 0.90 points at 256.15 compared with spot closing of 257.05. The number of contracts traded were 10,174.
Axis Bank January 2016 futures traded at a premium of 1.90 points at 437.50 compared with spot closing of 435.60. The number of contracts traded were 9,315.
Tata Steel January 2016 futures traded at a premium of 2.30 points at 275.00 compared with spot closing of 272.70. The number of contracts traded were 28,804.
Reliance Industries January 2016 futures traded at a premium of 4.30 points at 1009.30 compared with spot closing of 1,005.00. The number of contracts traded were 10,897.