Nifty January 2016 futures close at a premium of 18.50 points over spot closing

Nifty January 2016 futures closed at 7809.80 on Monday at a premium of 18.50 points over spot closing of 7,791.30, while Nifty February 2016 futures ended at 7832.15 at a premium of 40.85 points over spot closing. Nifty January futures saw addition of 0.80 million (mn) units, taking the total outstanding open interest (OI) to 20.24 million (mn) units. The near month derivatives contract will expire on January 28, 2016.             

From the most active contracts, SBI January 2016 futures traded at a premium of 1.05 points at 221.45 compared with spot closing of 221.10. The number of contracts traded were 16,696.                

Axis Bank January 2016 futures traded at a premium of 3.85 points at 440.00 compared with spot closing of 436.15. The number of contracts traded were 12,687.            

Tata Steel January 2016 futures traded at a discount of 1.45 points at 257.55 compared with spot closing of 259.00. The number of contracts traded were 19,300.                    

Reliance Industries January 2016 futures traded at a premium of 7.35 points at 1000.55 compared with spot closing of 993.20. The number of contracts traded were 15,171.