Nifty December 2011 futures closed at 5,072.25 at a premium of 33.10 points over spot closing of 5,039.15, while Nifty January 2011 futures were at 5,092.45 at a premium of 53.30 points over spot closing. The near month December 2011 derivatives contract expires on Thursday, December 29, 2011. Nifty December futures saw addition of 6.02% or 1.32 million (mn) units taking the total outstanding open interest (OI) to 23.31 mn units.
From the most active contract by contract value, SBI’s December 2011 futures were at a discount of 14.00 point at 1902.00 compared with spot closing of 1916.00. The number of contracts traded was 30,893.
ICICI Bank December 2011 futures were at a premium of 5.90 point at 788.80 compared with spot closing of 782.90. The number of contracts traded was 19,288.
Axis Bank December 2011 futures were at a premium of 0.15 at 1031.45 compared with spot closing of 1031.30. The number of contracts traded was 14,183.
L&T December 2011 futures were at a premium of 9.90 points at 1325.40 compared with spot closing of 1315.50. The number of contracts traded was 8,546.
Tata Motors December 2011 futures were at a discount of 0.35 point at 191.00 compared with spot closing of 191.35. The number of contracts traded was 11,242.
