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Nifty June 2016 futures close flat over spot closing

26 May 2016 Evaluate

Nifty June 2016 futures closed flat at 8069.65 on Thursday over spot closing, while Nifty July 2016 futures ended at 8084.50 at a premium of 14.85 points over spot closing.  Nifty June futures saw addition of 4.60 million (mn) units, taking the total outstanding open interest (OI) to 19.48 million (mn) units. The near month derivatives contract will expire on June 30, 2016.                              

From the most active contracts, SBI June 2016 futures traded at a discount of 2.10 points at 182.45 compared with spot closing of 184.55. The number of contracts traded were 26,819.                 

ICICI Bank June 2016 futures traded at a discount of 3.00 points at 236.65 compared with spot closing of 239.65. The number of contracts traded were 21,289.           

Reliance Industries June 2016 futures traded at a premium of 7.80 points at 955.10 compared with spot closing of 947.30. The number of contracts traded were 27,811.   

HDFC Bank June 2016 futures traded at a discount of 1.85 points at 1181.00 compared with spot closing of 1,182.85. The number of contracts traded were 22,446.                 

Axis Bank June 2016 futures traded at a premium of 2.30 points at 523.35 compared with spot closing of 521.05. The number of contracts traded were 20,780.            

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