Nifty July 2012 futures closed at 5,155.75 at a premium of 6.60 points over spot closing of 5,149.15, while Nifty August 2012 futures were at 5176.55 at a premium of 27.40 points over spot closing. The near month July 2012 derivatives contract will expire on Thursday i.e. July 26, 2012. Nifty July futures saw an addition of 4.88 million (mn) units taking the total outstanding open interest (OI) to 18.08 mn units.
From the most active contract, Tata Motors July 2012 futures were at a discount of 2.45 point at 237.85 compared with spot closing of 240.30. The number of contracts traded was 19,209.
Tata Steel July 2012 futures were at a discount of 12.70 point at 414.25 compared with spot closing of 426.95. The number of contracts traded was 18,765.
ICICI Bank July 2012 futures were at a discount of 0.30 point at 854.60 compared with spot closing of 854.90. The number of contracts traded was 24,029.
Axis Bank July 2012 futures were at a discount of 5.50 points at 974.50 compared with spot closing of 980.00. The number of contracts traded was 29,519.
SBI July 2012 futures were at a discount of 21.45 point at 2075.55 compared with spot closing of 2097.00. The number of contracts traded was 32,031.