Nifty May 2017 futures closed at 9356.65 on Thursday at a premium of 14.50 points over spot closing of 9342.15, while Nifty June 2017 futures ended at 9363.30, at a premium of 21.15 points over spot closing. Nifty May futures saw an addition of 4.32 million (mn) units, taking the total outstanding open interest (OI) to 19.77 million (mn) units. The near month derivatives contract will expire on May 25, 2017.
From the most active contracts, HDFC Bank May 2017 futures traded at a premium of 2.15 points at 1556.15 compared with spot closing of 1,554.00. The numbers of contracts traded were 32,804.
Axis Bank May 2017 futures traded at a premium of 0.75 points at 509.00 compared with spot closing of 508.25. The numbers of contracts traded were 29,890.
State Bank of India May 2017 futures traded at a premium of 0.60 points at 283.50 compared with spot closing of 282.90. The numbers of contracts traded were 18,083.