Nifty January 2019 futures closed at 10877.70 on Wednesday, at a premium of 22.55 points over spot closing of 10855.15, while Nifty February 2019 futures ended at 10906.65, at a premium of 51.50 points over spot closing. Nifty January futures saw a contraction of 0.23 million (mn) units, taking the total outstanding open interest (OI) to 25.21 mn units. The near month derivatives contract will expire on January 31, 2019.
From the most active contracts, IndusInd Bank January 2019 futures traded at a premium of 8.70 points at 1608.40 compared with spot closing of 1599.70. The numbers of contracts traded were 49,121.
Yes Bank January 2019 futures traded at a premium of 0.45 points at 187.00 compared with spot closing of 186.55. The numbers of contracts traded were 43,141.
Axis Bank January 2019 futures traded at a discount of 0.40 points at 670.80 compared with spot closing of 671.20. The numbers of contracts traded were 27,732.
Reliance Industries January 2019 futures traded at a premium of 4.70 points at 1113.95 compared with spot closing of 1109.25. The numbers of contracts traded were 25,169.
Tata Steel January 2019 futures traded at a premium of 2.65 points at 481.85 compared with spot closing of 479.20. The numbers of contracts traded were 22,326.