Nifty March 2012 futures closed at 5,394.50 at a premium of 29.55 points over spot closing of 5,364.95, while Nifty April 2012 futures were at 5,438.55 at a premium of 73.60 points over spot closing. The near month March 2012 derivatives contract expires on Thursday, March 29, 2012. Nifty March futures saw contraction of 0.60 million (mn) units taking the total outstanding open interest (OI) to 25.29 mn units.
From the most active contract, Tata Motors March 2012 futures were at a premium of 2.55 point at 277.75 compared with spot closing of 275.20. The number of contracts traded was 22,106.
HDIL March 2012 futures were at a premium of 0.55 point at 102.70 compared with spot closing of 102.15. The number of contracts traded was 17,234.
Tata Steel March 2012 futures were at a premium of 0.75 at 474.35 compared with spot closing of 473.60. The number of contracts traded was 19,184.
Reliance Industries March 2012 futures were at a premium of 4.50 point at 773.45 compared with spot closing of 768.95. The number of contracts traded was 14,048.
ICICI Bank March 2012 futures were at a premium of 2.75 point at 941.00 compared with spot closing of 938.25. The number of contracts traded was 18,821.