Nifty July 2011 futures closed at 5,620.25, at a premium of 4.15 point over spot closing of 5,616.10, while Nifty August 2011 futures were at 5,637.00 at a premium of 20.90 points over spot closing. The near month July 2011 derivatives contract expires on Thursday, 28 July, 2011. Nifty July futures saw an addition of 5.45% or 1.22 million (mn) units, taking the total outstanding open interest (OI) to 23.67 mn units.
From the most active underlying, SBI’s July 2011 futures closed at a discount of 5.60 points at 2436.90 compared with spot closing of 2442.50. The number of contracts traded was 20,372.
Infosys July 2011 futures were at a premium of 0.65 point at 2927.00 compared with spot closing of 2926.35. The number of contracts traded was 15,757.
Orchid Chemicals July 2011 futures were at a discount of 1.75 points at 246.65 compared with spot closing of 248.40. The number of contracts traded was 12,773.
ICICI Bank July 2011 futures were at a premium of 1.70 at 1055.50 compared with spot closing of 1053.80. The number of contracts traded was 11,568.
L&T July 2011 futures were at a premium of 3.50 at 1834.50 compared with spot closing of 1831.00. The number of contracts traded was 6,130.