Nifty May 2012 futures closed at 5097.95 on Friday

Nifty May 2012 futures closed at 5097.95 at a premium of 11.10 points over spot closing of 5086.85, while Nifty June 2012 futures were at 5115.85 at a premium of 29.00 points over spot closing. The near month May 2012 derivatives contract will expire on Thursday i.e. May 31, 2012. Nifty May futures saw an addition of 0.37 million (mn) units taking the total outstanding open interest (OI) to 18.88 mn units.

From the most active contract, Tata Motors May 2012 futures were at a discount of 0.35 point at 301.25 compared with spot closing of 301.60. The number of contracts traded was 15,948.

BHEL May 2012 futures were at a premium of 1.05 point at 215.35 compared with spot closing of 214.30. The number of contracts traded was 9,889.

Pantaloon Retail May 2012 futures were at a premium of 2.40 points at 161.95 compared with spot closing of 159.55. The number of contracts traded was 13,557.

Tata Steel May 2012 futures were at a premium of 2.10 point at 434.50 compared with spot closing of 432.40. The number of contracts traded was 12,443.

Reliance Industries May 2012 futures were at a discount of 4.20 point at 722.80 compared with spot closing of 727.00. The number of contracts traded was 10,604.