Nifty January 2016 futures close at a premium of 9.05 points over spot closing

Nifty January 2016 futures closed at 7750.05 on Wednesday at a premium of 9.05 points over spot closing of 7,741.00, while Nifty February 2016 futures ended at 7773.45 at a premium of 32.45 points over spot closing. Nifty January futures saw addition of 0.09 million (mn) units, taking the total outstanding open interest (OI) to 20.81 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 0.35 points at 217.35 compared with spot closing of 217.00. The number of contracts traded were 15,648.                  

ICICI Bank January 2016 futures traded at a discount of 0.15 points at 250.05 compared with spot closing of 250.20. The number of contracts traded were 14,951.            

Axis Bank January 2016 futures traded at a premium of 1.00 points at 431.55 compared with spot closing of 430.55. The number of contracts traded were 10,202.                       

Tata Steel January 2016 futures traded at a discount of 1.20 points at 267.55 compared with spot closing of 268.75. The number of contracts traded were 14,054.       

Tata Motors January 2016 futures traded at a premium of 2.05 points at 367.05 compared with spot closing of 365.00. The number of contracts traded were 9,632.