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Nifty April 2016 futures close at a premium of 15.10 points over spot closing

20 Apr 2016 Evaluate

Nifty April 2016 futures closed 7929.85 on Wednesday at a premium of 15.10 points over spot closing of 7,914.75, while Nifty May 2016 futures ended at 7969.90 at a premium of 55.15 points over spot closing. Nifty April futures saw addition of 0.51 million (mn) units, taking the total outstanding open interest (OI) to 16.37 million (mn) units. The near month derivatives contract will expire on April 28, 2016.                          

From the most active contracts, SBI April 2016 futures traded at a premium of 0.35 points at 187.95 compared with spot closing of 187.60. The number of contracts traded were 21,881.         

Vedanta April 2016 futures traded at a discount of 0.40 points at 106.40 compared with spot closing of 106.80. The number of contracts traded were 16,782.    

ICICI Bank April 2016 futures traded at a premium of 0.40 points at 239.15 compared with spot closing of 238.75. The number of contracts traded were 17,170.                           

Axis Bank April 2016 futures traded at a premium of 0.15 points at 459.00 compared with spot closing of 458.85. The number of contracts traded were 19,867.                                                       

Tata Steel April 2016 futures traded at a discount of 0.85 points at 357.15 compared with spot closing of 358.00. The number of contracts traded were 27,083.          

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