Nifty July 2012 futures closed at 5,322.90 at a premium of 16.60 points over spot closing of 5,306.30, while Nifty August 2012 futures were at 5348.65 at a premium of 42.35 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 0.29 million (mn) units taking the total outstanding open interest (OI) to 23.25 mn units.
From the most active contract, Reliance Communications July 2012 futures were at a premium of 0.65 point at 70.95 compared with spot closing of 70.30. The number of contracts traded was 10,422.
Tata Motors July 2012 futures were at a discount of 2.20 point at 238.80 compared with spot closing of 241.00. The number of contracts traded was 12,534.
ICICI Bank July 2012 futures were at a premium of 2.10 point at 938.05 compared with spot closing of 935.95. The number of contracts traded was 14,740.
Tata Steel July 2012 futures were at a discount of 10.45 points at 425.10 compared with spot closing of 435.55. The number of contracts traded was 8,842.
HDFC July 2012 futures were at a premium of 3.05 point at 680.55 compared with spot closing of 677.50. The number of contracts traded was 7,521.