Nifty January 2014 futures closed at 6195.85 on Tuesday at a premium of 33.60 points over spot closing of 6,162.25, while Nifty February 2014 futures ended at 6234.15 at a premium of 71.90 points over spot closing. Nifty January futures saw contraction of 0.04 million (mn) units taking the total outstanding open interest (OI) to 17.71 mn units. The near month January 2014 derivatives contract will expire on January 30, 2014.
From the most active contracts, HDFC Bank January 2014 futures traded at a premium of 4.45 points at 669.00 compared with spot closing of 664.55. The number of contracts traded was 11,947.
Tata Steel January 2014 futures were at a premium of 4.30 points at 397.30 compared with spot closing of 393.00. The number of contracts traded was 15,757.
Reliance Industries January 2014 futures were at a premium of 8.40 points at 849.05 compared with spot closing of 840.65. The number of contracts traded was 20,036.
ICICI Bank January 2014 futures were at a premium of 5.65 points at 1056.25 compared with spot closing of 1050.60. The number of contracts traded was 28,896.
United Spirits January 2014 futures were at a premium of 20.90 points at 2731.15 compared with spot closing of 2710.25. The number of contracts traded was 12,678.