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Nifty July 2011 futures end at 5,585.10 on Thursday

14 Jul 2011 Evaluate

Nifty July 2011 futures closed at 5,585.10, at a discount of 14.70 point over spot closing of 5,599.80, while Nifty August 2011 futures were at 5,604.40 at a premium of 4.60 points over spot closing. The near month July 2011 derivatives contract expires on Thursday, 28 July, 2011. Nifty July futures saw an addition of 9.75% or 2.15 million (mn) units, taking the total outstanding open interest (OI) to 24.20 mn units.

From the most active underlying, SBI’s July 2011 futures closed at a premium of 1.05 points at 2467.00 compared with spot closing of 2465.95. The number of contracts traded was 26,928.

TCS July 2011 futures were at a premium of 4.20 point at 1123.40 compared with spot closing of 1119.20. The number of contracts traded was 23,631.

Infosys July 2011 futures were at a premium of 3.05 at 2743.00 compared with spot closing of 2739.95. The number of contracts traded was 18,195.

ICICI Bank July 2011 futures were at a premium of 1.50 at 1067.05 compared with spot closing of 1065.55. The number of contracts traded was 22,281.

Tata Motors July 2011 futures were at a discount of 22.65 at 1043.25 compared with spot closing of 1065.90. The number of contracts traded was 18,623.

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