Nifty December 2016 futures closed at 8173.05 on Thursday at a premium of 19.45 points over spot closing of 8153.60, while Nifty January 2017 futures ended at 8207.95 at a premium of 54.35 points over spot closing. Nifty December futures saw a contraction of 1 million (mn) units, taking the total outstanding open interest (OI) to 15.58 million (mn) units. The near month derivatives contract will expire on December 29, 2016.
From the most active contracts, Axis Bank December 2016 futures traded at a discount of 0.05 points at 478.05 compared with spot closing of 478.10. The numbers of contracts traded were 25,065.
SBIN December 2016 futures traded at a premium of 0.50 points at 265.90 compared with spot closing of 265.40. The numbers of contracts traded were 16,179.
Sun Pharma 2016 futures traded at a premium of 2.20 points at 652.15 compared with spot closing of 649.95. The numbers of contracts traded were 15,212.
ICICI Bank December 2016 futures traded at a premium of 1.00 points at 261.30 compared with spot closing of 260.30. The numbers of contracts traded were 14,298.
Infy December 2016 futures traded at a premium of 2.25 points at 994.60 compared with spot closing of 992.35. The numbers of contracts traded were 11,174.
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