Nifty May 2012 futures closed at 4931.35 on Friday

Nifty May 2012 futures closed at 4931.35 at a premium of 2.45 points over spot closing of 4928.90, while Nifty June 2012 futures were at 4945.00 at a premium of 16.10 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 0.39 million (mn) units taking the total outstanding open interest (OI) to 20.51 mn units.

From the most active contract, Tata Motors May 2012 futures were at a premium of 1.55 point at 298.85 compared with spot closing of 297.30. The number of contracts traded was 19,617.

HDIL May 2012 futures were at a premium of 0.60 point at 64.90 compared with spot closing of 64.30. The number of contracts traded was 12,221.

Tata Steel May 2012 futures were at a premium of 1.25 points at 411.70 compared with spot closing of 410.45. The number of contracts traded was 14,177.

Reliance Industries May 2012 futures were at a discount of 5.45 point at 692.55 compared with spot closing of 698.00. The number of contracts traded was 12,402.

IRB May 2012 futures were at a premium of 1.50 point at 105.70 compared with spot closing of 104.20. The number of contracts traded was 8,334.