Nifty April 2016 futures closed 7913.35 on Thursday at a premium of 1.30 points over spot closing of 7,912.05, while Nifty May 2016 futures ended at 7951.75 at a premium of 39.70 points over spot closing. Nifty April futures saw contraction of 0.40 million (mn) units, taking the total outstanding open interest (OI) to 15.97 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 0.85 points at 194.35 compared with spot closing of 193.50. The number of contracts traded were 34,075.
ICICI Bank April 2016 futures traded at a premium of 1.85 points at 252.80 compared with spot closing of 250.95. The number of contracts traded were 34,254.
Bank of Baroda April 2016 futures traded at a premium of 0.90 points at 158.10 compared with spot closing of 157.20. The number of contracts traded were 14,256.
Axis Bank April 2016 futures traded at a premium of 1.75 points at 467.60 compared with spot closing of 465.85. The number of contracts traded were 20,163.
HDFC Bank April 2016 futures traded at a premium of 1.30 points at 1092.30 compared with spot closing of 1,091.00. The number of contracts traded were 14,360.