Nifty July 2018 futures closed at 10694.80 on Friday, at a discount of 19.50 points over spot closing of 10714.30, while Nifty August 2018 futures ended at 10711.90, at a discount of 2.40 points over spot closing. Nifty July futures saw an addition of 0.99 million (mn) units, taking the total outstanding open interest (OI) to 19.78 mn units. The near month derivatives contract will expire on July 26, 2018.
From the most active contracts, Tata Steel July 2018 futures traded at a discount of 7.45 points at 559.55 compared with spot closing of 567.00. The numbers of contracts traded were 23,297.
ICICI Bank July 2018 futures traded at a premium of 0.10 points at 274.80 compared with spot closing of 274.70. The numbers of contracts traded were 18,414.
Tech Mahindra July 2018 futures traded at a discount of 9.50 points at 643.75 compared with spot closing of 653.25. The numbers of contracts traded were 17,633.
Tata Motors July 2018 futures traded at a premium of 1.40 points at 270.30 compared with spot closing of 268.90. The numbers of contracts traded were 16,567.
Reliance Industries July 2018 futures traded at a premium of 1.60 points at 974.80 compared with spot closing of 973.20. The numbers of contracts traded were 16,015.