Nifty November 2017 futures closed at 10354.90 on Wednesday, at a premium of 51.75 points over spot closing of 10303.15, while Nifty December 2017 futures ended at 10393.10, at a premium of 89.95 points over spot closing. Nifty November futures saw a contraction of 0.06 million (mn) units, taking the total outstanding open interest (OI) to 24.66 mn units. The near month derivatives contract will expire on November 30, 2017.
From the most active contracts, Bharti Airtel November 2017 futures traded at a premium of 1.25 point at 496.55 compared with spot closing of 495.30. The numbers of contracts traded were 68,465.
Lupin November 2017 futures traded at a premium of 6.00 points at 847.25 compared with spot closing of 841.25. The numbers of contracts traded were 31,414.
Tata Motors November 2017 futures traded at a premium of 3.20 points at 441.40 compared with spot closing of 438.20. The numbers of contracts traded were 31,358.
Axis Bank November 2017 futures traded at a premium of 3.30 points at 548.15 compared with spot closing of 544.85. The numbers of contracts traded were 30,284.
Arvind November 2017 futures traded at a premium of 0.75 points at 414.85 compared with spot closing of 414.10. The numbers of contracts traded were 26,859.