Nifty August 2011 futures end at 4,931.10 on Thursday

Nifty August 2011 futures closed at 4,931.10, at a discount of 13.05 points over spot closing of 4,944.15, while Nifty September 2011 futures were at 4,940.00 at a discount of 4.15 points over spot closing. The near month August 2011 derivatives contract expires on Thursday, August 25, 2011. Nifty August futures saw addition of 12.04% or 2.69 million (mn) units, taking the total outstanding open interest (OI) to 25.07 mn units.

From the most active contract by contract value, SBI’s August 2011 futures closed at a discount of 11.70 point at 2060.30 compared with spot closing of 2072.00. The number of contracts traded was 40,917.

ICICI Bank August 2011 futures were at a premium of 0.30 point at 863.45 compared with spot closing of 863.15. The number of contracts traded was 34,617.

HDFC Bank August 2011 futures were at a discount of 1.60 point at 459.00 compared with spot closing of 460.60. The number of contracts traded was 15,495.

Infosys August 2011 futures were at a premium of 6.00 point at 2368.00 compared with spot closing of 2362.00. The number of contracts traded was 15,006.

Axis Bank August 2011 futures were at a discount of 1.00 point at 1107.00 compared with spot closing of 1108.00. The number of contracts traded was 15,690.