Nifty November 2016 futures closed at 8327.95 on Friday at a premium of 31.65 points over spot closing of 8,296.30, while Nifty December 2016 futures ended at 8381.15 at a premium of 84.85 points over spot closing. Nifty November futures saw addition of 0.49 million (mn) units, taking the total outstanding open interest (OI) to 17.51 million (mn) units. The near month derivatives contract will expire on November 24, 2016.
From the most active contracts, State Bank of India November 2016 futures traded at a discount of 0.05 points at 273.90 compared with spot closing of 273.95. The numbers of contracts traded were 54,461.
ICICI Bank November 2016 futures traded at a discount of 0.35 points at 277.65 compared with spot closing of 278.00. The numbers of contracts traded were 23,632.
PNB November 2016 futures traded at a premium of 0.10 points at 156.35 compared with spot closing of 156.25. The numbers of contracts traded were 15,007.
Bank of Baroda November 2016 futures traded at a discount of 1.00 points at 161.35 compared with spot closing of 162.35. The numbers of contracts traded were 13,327.
Axis Bank November 2016 futures traded at a premium of 4.15 points at 499.60 compared with spot closing of 495.45. The numbers of contracts traded were 16,405.
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