Nifty May 2012 futures closed at 4966.80 at a premium of 1.10 points over spot closing of 4965.70, while Nifty June 2012 futures were at 4982.55 at a premium of 16.85 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 0.20 million (mn) units taking the total outstanding open interest (OI) to 20.12 mn units.
From the most active contract, Tata Motors May 2012 futures were at a premium of 0.55 point at 290.35 compared with spot closing of 289.80. The number of contracts traded was 12,739.
HDIL May 2012 futures were at a premium of 0.35 point at 63.45 compared with spot closing of 63.10. The number of contracts traded was 13,215.
IDFC May 2012 futures were at a premium of 0.45 points at 118.90 compared with spot closing of 118.45. The number of contracts traded was 8,786.
DLF May 2012 futures were at a premium of 0.40 point at 186.50 compared with spot closing of 186.10. The number of contracts traded was 8,869.
Tata Steel May 2012 futures were at a discount of 1.65 point at 414.00 compared with spot closing of 415.65. The number of contracts traded was 13,275.