Nifty July 2011 futures closed at 5,577.30, at a premium of 2.45 point over spot closing of 5,574.85, while Nifty August 2011 futures were at 5,593.00 at a premium of 18.15 points over spot closing. The near month July 2011 derivatives contract expires on Thursday, 28 July, 2011. Nifty July futures saw an addition of 20.63% or 3.75 million (mn) units, taking the total outstanding open interest (OI) to 21.98 mn units.
From the most active contract by contract value, SBI’s July 2011 futures closed at a discount of 3.50 points at 2433.50 compared with spot closing of 2437.00. The number of contracts traded was 37,822.
BHEL July 2011 futures were at a premium of 0.55 point at 1908.55 compared with spot closing of 1908.00. The number of contracts traded was 32,327.
ICICI Bank July 2011 futures were at a premium of 0.30 at 1041.30 compared with spot closing of 1041.00. The number of contracts traded was 27,656.
RIL July 2011 futures were at a premium of 0.65 at 871.00 compared with spot closing of 870.35. The number of contracts traded was 29,616.
L&T’s July 2011 futures were at a premium of 1.95 at 1783.65 compared with spot closing of 1781.70. The number of contracts traded was 12,832.