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Nifty May 2013 futures closed at a premium of 8.05 points over spot

02 May 2013 Evaluate

Nifty May 2013 futures closed at 6007.40 on Thursday at a premium of 8.05 points over spot closing of 5,999.35, while Nifty June 2013 futures ended at 6014.35, at a premium of 15.00 points over spot closing. Nifty May futures saw an addition of 2.19 million (mn) units taking the total outstanding open interest (OI) to 18.71 mn units. The near month May 2013 derivatives contract will expire on May 30, 2013.

From the most active contracts, Reliance Communications May 2013 futures were trading at a premium of 0.20 points at 104.95 compared with spot closing of 104.75. The number of contracts traded was 20,019.

Reliance Industries May 2013 futures were trading at a discount of 8.65 points at 796.45 compared with spot closing of 805.10. The number of contracts traded was 22,417.

United Spirits May 2013 futures were trading at a premium of 6.45 points at 2300.45 compared with spot closing of 2294.00. The number of contracts traded was 26,065.

HUL May 2013 futures were at a premium of 2.30 points at 575.15 compared with spot closing of 572.85. The number of contracts traded was 14,230. 

ICICI Bank May 2013 futures were at a discount of 13.60 points at 1157.40 compared with spot closing of 1171.00. The number of contracts traded was 13,819.