Nifty May 2012 futures closed at 4852.30 at a discount of 17.90 points over spot closing of 4,870.20, while Nifty June 2012 futures were at 4868.05 at a discount of 2.15 points over spot closing. The near month May 2012 derivatives contract will expire on Thursday i.e. May 31, 2012. Nifty May futures saw an addition of 0.60 million (mn) units taking the total outstanding open interest (OI) to 21.48 mn units.
From the most active contract, Tata Motors May 2012 futures were at a premium of 2.05 point at 272.55 compared with spot closing of 270.50. The number of contracts traded was 23,751.
Tata Steel May 2012 futures were at a discount of 4.35 point at 402.55 compared with spot closing of 406.90. The number of contracts traded was 14,131.
Reliance Industries May 2012 futures were at a discount of 8.15 points at 678.65 compared with spot closing of 686.80. The number of contracts traded was 15,910.
ICICI Bank May 2012 futures were at a discount of 13.55 point at 771.95 compared with spot closing of 785.50. The number of contracts traded was 18,644.
HDFC May 2012 futures were closed flat at 633.45 compared with spot closing of 633.45. The number of contracts traded was 9,576.
