Nifty October 2016 futures close at a premium of 7.30 points over spot closing

Nifty October 2016 futures closed at 8700.35 on Friday at a premium of 7.30 points over spot closing of 8693.05, while Nifty November 2016 futures ended at 8742.05 at a premium of 49 points over spot closing. Nifty October futures saw contraction of 0.39 million (mn) units, taking the total outstanding open interest (OI) to 18.23 million (mn) units. The near month derivatives contract will expire on October 27, 2016.

From the most active contracts, RIL October 2016 futures traded at a premium of 3.60 points at 1067.80 compared with spot closing of 1,064.20. The numbers of contracts traded were 31,807.

ICICI Bank October 2016 futures traded at a premium of 0.60 points at 278.00 compared with spot closing of 277.40. The numbers of contracts traded were 19,302.

Axis Bank October 2016 futures traded at a premium of 1.35 points at 527.45 compared with spot closing of 526.10. The numbers of contracts traded were 14,635.

Biocon October 2016 futures traded at a premium of 1.45 points at 1009.60 compared with spot closing of 1,008.15. The numbers of contracts traded were 14,560.   

Yes Bank October 2016 futures traded at a premium of 0.20 points at 1317.60, compared with spot closing of 1,317.40. The numbers of contracts traded were 11,566.