Nifty November 2011 futures closed at 5,065.95 at a discount of 2.55 points over spot closing of 5,068.50, while Nifty December 2011 futures were at 5,091.50 at a premium of 23.00 points over spot closing. The near month November 2011 derivatives contract expires on Thursday, November 24, 2011. Nifty November futures saw addition of 1.81 million (mn) units taking the total outstanding open interest (OI) to 28.82 mn units.
From the most active contract by contract value, SBI’s November 2011 futures were at a premium of 4.00 point at 1732.00 compared with spot closing of 1728.00. The number of contracts traded was 37,645.
Tata Motors November 2011 futures were at a discount of 0.30 point at 181.30 compared with spot closing of 181.60. The number of contracts traded was 25,532.
ICICI Bank November 2011 futures were at a premium of 2.25 points at 791.00 compared with spot closing of 788.75. The number of contracts traded was 23,053.
Tata Steel November 2011 futures were at a premium of 0.45 point at 400.30 compared with spot closing of 399.85. The number of contracts traded was 20,626.
Axis Bank November 2011 futures were at a premium of 4.85 point at 1009.85 compared with spot closing of 1005.00. The number of contracts traded was 14,255.
