Nifty August 2012 futures closed at 5241.05 on Friday

Nifty August 2012 futures closed at 5241.05 on Friday at a premium of 25.35 points over spot closing of 5,215.70, while Nifty September 2012 futures were at 5266.70 at a premium of 51.00 points over spot closing. Nifty August futures saw contraction of 0.17 million (mn) units taking the total outstanding open interest (OI) to 22.40 mn units. The near month August 2012 derivatives contract will expire on Thursday i.e. August 30, 2012.

From the most active contracts, Tata Motors August 2012 futures were at a premium of 1.35 points at 222.45 compared with spot closing of 221.10. The number of contracts traded was 10,967.

Tata Steel August 2012 futures were at a premium of 4.10 point at 400.00 compared with spot closing of 395.90. The number of contracts traded was 15,025.

ICICI Bank August 2012 futures were at a premium of 7.40 point at 946.35 compared with spot closing of 938.95. The number of contracts traded was 20,159.

JSW Steel August 2012 futures were at a premium of 2.20 points at 703.85 compared with spot closing of 701.65. The number of contracts traded was 8,358.

SBI August 2012 futures were at a premium of 9.40 point at 2013.40 compared with spot closing of 2004.00. The number of contracts traded was 30,391.