Nifty December 2011 futures closed at 4,769.00 at a premium of 4.40 points over spot closing of 4,764.60, while Nifty January 2011 futures were at 4,794.15 at a premium of 29.55 points over spot closing. The near month December 2011 derivatives contract expires on Thursday, December 29, 2011. Nifty December futures saw addition of 9.75% or 1.92 million (mn) units taking the total outstanding open interest (OI) to 21.71 mn units.
From the most active contract by contract value, SBI’s December 2011 futures were at a discount of 6.00 point at 1766.00 compared with spot closing of 1772.00. The number of contracts traded was 44,461.
L&T December 2011 futures were at a premium of 3.80 point at 1197.00 compared with spot closing of 1193.20. The number of contracts traded was 14,843.
ICICI Bank December 2011 futures were at a premium of 2.90 at 709.45 compared with spot closing of 706.55. The number of contracts traded was 23,941.
Infosys December 2011 futures were at a premium of 3.00 points at 2741.00 compared with spot closing of 2738.00. The number of contracts traded was 12,473.
RIL December 2011 futures were at a premium of 3.25 point at 730.05 compared with spot closing of 726.80. The number of contracts traded was 21,276.