Nifty May 2012 futures closed at 4,933.05 on Wednesday

Nifty May 2012 futures closed at 4,933.05 at a discount of 17.70 points over spot closing of 4,950.75, while Nifty June 2012 futures were at 4,932.00 at a discount of 18.75 points over spot closing. The near month May 2012 derivatives contract will expire on Thursday i.e. May 31, 2012. Nifty May futures saw a contraction of 1.64 million (mn) units taking the total outstanding open interest (OI) to 14.64 mn units.

From the most active contract, Tata Motors May 2012 futures were at a premium of 1.75 point at 243.65 compared with spot closing of 241.90. The number of contracts traded was 35,985.

HDIL May 2012 futures were at a premium of 0.25 point at 65.15 compared with spot closing of 64.90. The number of contracts traded was 12,722.

DLF May 2012 futures were at a premium of 0.25 points at 182.75 compared with spot closing of 182.50. The number of contracts traded was 13,343.

ICICI Bank May 2012 futures were at a discount of 15.85 point at 799.65 compared with spot closing of 815.50. The number of contracts traded was 21,442. 

Reliance Industries May 2012 futures were at a discount of 10.25 point at 697.25 compared with spot closing of 707.50. The number of contracts traded was 13,937.