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Nifty March 2014 futures close at a premium of 33.95 points over spot

26 Feb 2014 Evaluate

Nifty March 2014 futures closed at 6272.75 on Wednesday at a premium of 33.95 points over spot closing of 6,238.80, while Nifty April 2014 futures ended at 6309.30 at a premium of 70.50 points over spot closing. Nifty March futures saw an addition of 4.48 million (mn) units, taking the total outstanding open interest (OI) to 13.60 mn units. The near month March 2014 derivatives contract will expire on March 27, 2014.

From the most active contracts, Reliance Industries March 2014 futures traded at a premium of 4.95 points at 816.95 compared with spot closing of 812.00. The number of contracts traded was 32,628.

SBI March 2014 futures were at a discount of 3.25 points at 1518.55 compared with spot closing of 1521.80. The number of contracts traded was 37,841.

United Spirits March 2014 futures were at a premium of 8.05 points at 2384.05 compared with spot closing of 2376.00. The number of contracts traded was 22,922.

TCS March 2014 futures were at a premium of 16.20 points at 2200.15 compared with spot closing of 2183.95. The number of contracts traded was 22,774.