Nifty May 2017 futures closed at 9533.75 on Wednesday at a premium of 8 points over spot closing of 9525.75, while Nifty June 2017 futures ended at 9532.85, at a premium of 7.10 points over spot closing. Nifty May futures saw an addition of 0.50 million (mn) units, taking the total outstanding open interest (OI) to 22.24 million (mn) units. The near month derivatives contract will expire on May 25, 2017.
From the most active contracts, Tata Steel May 2017 futures traded at a premium of 1.15 points at 494.55 compared with spot closing of 493.40. The numbers of contracts traded were 76,826.
Punjab National Bank May 2017 futures traded at a premium of 1.00 points at 165.80 compared with spot closing of 164.80. The numbers of contracts traded were 20,052.
Bajaj Finance May 2017 futures traded at a premium of 6.30 points at 1326.30 compared with spot closing of 1320.00. The numbers of contracts traded were 18,706.
ICICI Bank May 2017 futures traded at a premium of 0.15 points at 309.60 compared with spot closing of 309.45. The numbers of contracts traded were 17,612.
Tata Motors May 2017 futures traded at a premium of 1.95 points at 450.85 compared with spot closing of 448.90. The numbers of contracts traded were 17,077.