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Nifty July 2011 futures end at 5,526.00 on Tuesday

12 Jul 2011 Evaluate

Nifty July 2011 futures closed at 5,526.00, at a discount of 0.15 point over spot closing of 5,526.15, while Nifty August 2011 futures were at 5,544.00 at a premium of 17.85 points over spot closing. The near month July 2011 derivatives contract expires on Thursday, 28 July, 2011. Nifty July futures saw an addition of 8.78% or 1.99 million (mn) units, taking the total outstanding open interest (OI) to 24.66 mn units.

From the most active underlying, Infosys July 2011 futures closed at a premium of 12.95 points at 2799.05 compared with spot closing of 2786.10. The number of contracts traded was 38,621.

SBI’s July 2011 futures were at a premium of 10.50 point at 2403.20 compared with spot closing of 2392.70. The number of contracts traded was 25,719.

ICICI Bank July 2011 futures were at a premium of 5.00 at 1046.40 compared with spot closing of 1041.40. The number of contracts traded was 19,734.

L&T July 2011 futures were at a premium of 7.75 at 1776.85 compared with spot closing of 1769.10. The number of contracts traded was 10,167.

Tata Motors July 2011 futures were at a discount of 21.00 at 1004.50 compared with spot closing of 1025.50. The number of contracts traded was 17,035.

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