Nifty October 2016 futures closed at 8720.25 on Monday at a premium of 11.30 points over spot closing of 8708.95, while Nifty November 2016 futures ended at 8762.70 at a premium of 53.75 points over spot closing. Nifty October futures saw contraction of 1.63 million (mn) units, taking the total outstanding open interest (OI) to 16.59 million (mn) units. The near month derivatives contract will expire on October 27, 2016.
From the most active contracts, SBI October 2016 futures traded at a premium of 0.20 points at 263.00 compared with spot closing of 262.80. The numbers of contracts traded were 19,515.
ICICI Bank October 2016 futures traded at a discount of 0.15 points at 284.35 compared with spot closing of 284.50. The numbers of contracts traded were 20,425.
Axis Bank October 2016 futures traded at a premium of 0.85 points at 522.65 compared with spot closing of 521.80. The numbers of contracts traded were 16,741.
HDFC Bank October 2016 futures traded at a discount of 0.10 points at 1264.90 compared with spot closing of 1,265.00. The numbers of contracts traded were 17,405.
Tata Motors October 2016 futures traded at a premium of 1.20 points at 559.50 compared with spot closing of 558.30. The numbers of contracts traded were 13,758.