Nifty March 2017 futures closed at 9050.40 on Wednesday at a premium of 19.95 points over spot closing of 9030.45, while Nifty April 2017 futures ended at 9078.90, at a premium of 48.45 points over spot closing. Nifty March futures saw an addition of 0.32 million (mn) units, taking the total outstanding open interest (OI) to 26.18 million (mn) units. The near month derivatives contract will expire on March 30, 2017.
From the most active contracts, Axis Bank March 2017 futures traded at a premium of 0.55 points at 486.05 compared with spot closing of 485.50. The numbers of contracts traded were 24,779.
Divi's Laboratories March 2017 futures traded at a premium of 1.65 points at 627.70 compared with spot closing of 626.05. The numbers of contracts traded were 21,604.
Reliance Industries March 2017 futures traded at a premium of 3.70 points at 1264.15 compared with spot closing of 1,260.45. The numbers of contracts traded were 16,265.
ICICI Bank March 2017 futures traded at a premium of 0.85 points at 266.05 compared with spot closing of 265.20. The numbers of contracts traded were 14,854.
Vedanta March 2017 futures traded at a premium of 1.10 points at 261.80 compared with spot closing of 260.70. The numbers of contracts traded were 14,768.