Nifty July 2011 futures end at 5,488.25 on Thursday

Nifty July 2011 futures closed at 5,488.25, at a premium of 0.50 point over spot closing of 5,487.75, while Nifty August 2011 futures were at 5,498.90 at a premium of 11.15 points over spot closing. The near month July 2011 derivatives contract expires today. Nifty July futures saw contraction of 10.98% or 1.43 million (mn) units, taking the total outstanding open interest (OI) to 11.63 mn units.

From the most active contract by contract value, RIL July 2011 futures closed at a discount of 0.50 points at 837.20 compared with spot closing of 837.70. The number of contracts traded was 36,015.

SBI’s July 2011 futures were at a discount of 5.20 point at 2356.60 compared with spot closing of 2361.80. The number of contracts traded was 24,047.

RIL August 2011 futures were at a premium of 4.65 at 842.35 compared with spot closing of 837.70. The number of contracts traded was 33,574.

SBI’s August 2011 futures were at a discount of 0.60 at 2361.20 compared with spot closing of 2361.80. The number of contracts traded was 21,811.

Infosys July 2011 futures were at a premium of 7.85 at 2750.85 compared with spot closing of 2743.00. The number of contracts traded was 12,703.