Nifty July 2012 futures closed at 5,279.40 at a premium of 4.25 points over spot closing of 5,275.15, while Nifty August 2012 futures were at 5307.80 at a premium of 32.65 points over spot closing. The near month July 2012 derivatives contract will expire on Thursday i.e. July 26, 2012. Nifty July futures saw contraction of 0.59 million (mn) units taking the total outstanding open interest (OI) to 22.81 mn units.
From the most active contract, Tata Motors July 2012 futures were at a discount of 2.75 point at 237.65 compared with spot closing of 240.40. The number of contracts traded was 14,386.
HDIL July 2012 futures were at a discount of 0.10 point at 85.85 compared with spot closing of 85.65. The number of contracts traded was 7,192.
DLF July 2012 futures were at a discount of 0.35 point at 213.30 compared with spot closing of 213.65. The number of contracts traded was 7,426.
ICICI Bank July 2012 futures were at a discount of 5.85 points at 924.15 compared with spot closing of 930.00. The number of contracts traded was 29,040.
Tata Steel July 2012 futures were at a discount of 11.15 point at 425.85 compared with spot closing of 437.00. The number of contracts traded was 7,583.