Nifty October 2016 futures closed at 8775.35 on Wednesday at a premium of 31.40 points over spot closing of 8,743.95, while Nifty November 2016 futures ended at 8814.95 at a premium of 71 points over spot closing. Nifty September futures saw addition of 0.10 million (mn) units, taking the total outstanding open interest (OI) to 22.29 million (mn) units. The near month derivatives contract will expire on October 27, 2016.
From the most active contracts, State Bank of India October 2016 futures traded at a premium of 1.35 points at 261.35 compared with spot closing of 260.00. The numbers of contracts traded were 18,392.
ICICI Bank October 2016 futures traded at a premium of 0.80 points at 256.20 compared with spot closing of 255.40. The numbers of contracts traded were 10,958.
DLF October 2016 futures traded at a premium of 1.95 points at 159.60 compared with spot closing of 157.65. The numbers of contracts traded were 12,630.
Bank of Baroda October 2016 futures traded at a premium of 1.50 points at 170.25 compared with spot closing of 168.75. The numbers of contracts traded were 11,092.
Vedanta October 2016 futures traded at a premium of 1.70 points at 192.40 compared with spot closing of 190.70. The numbers of contracts traded were 10,929.