Nifty July 2012 futures closed at 5,223.55 on Wednesday

Nifty July 2012 futures closed at 5,223.55 at a premium of 7.25 points over spot closing of 5,216.30, while Nifty August 2012 futures were at 5246.30 at a premium of 30.00 points over spot closing. The near month July 2012 derivatives contract will expire on Thursday i.e. July 26, 2012. Nifty July futures saw contraction of 0.47 million (mn) units taking the total outstanding open interest (OI) to 23.83 mn units.

From the most active contract, Tata Motors July 2012 futures were at a premium of 0.95 point at 222.45 compared with spot closing of 221.50. The number of contracts traded was 18,224.

Tata Steel July 2012 futures were at a premium of 1.15 point at 412.45 compared with spot closing of 411.30. The number of contracts traded was 10,655.

ICICI Bank July 2012 futures were at a premium of 2.40 point at 941.10 compared with spot closing of 938.70. The number of contracts traded was 20,731.

Adani Enterprises July 2012 futures were at a premium of 0.75 points at 199.45 compared with spot closing of 198.70. The number of contracts traded was 18,760.

SBI July 2012 futures were at a discount of 1.40 point at 2,187.00 compared with spot closing of 2,188.40. The number of contracts traded was 30,854.