Nifty September 2011 futures closed at 4,865.25 on Friday

Nifty September 2011 futures closed at 4,865.25 at a discount of 2.50 points over spot closing of 4,867.75, while Nifty October 2011 futures were at 4,883.35 at a premium of 15.60 points over spot closing. The near month September 2011 derivatives contract expires on Thursday, September 29, 2011. Nifty September futures saw addition of 10.83% or 2.60 million (mn) units, taking the total outstanding open interest (OI) to 26.62 mn units.

From the most active contract by contract value, SBI’s September 2011 futures were at a premium of 1.95 point at 1958.95 compared with spot closing of 1957.00. The number of contracts traded was 51,837.

RIL September 2011 futures were at a premium of 3.00 point at 771.00 compared with spot closing of 768.00. The number of contracts traded was 42,394.

L&T September 2011 futures were at a discount of 2.95 point at 1451.00 compared with spot closing of 1453.95. The number of contracts traded was 17,237.

Tata Steel September 2011 futures were at a discount of 3.20 point at 430.10 compared with spot closing of 433.30. The number of contracts traded was 24,693.

ICICI Bank September 2011 futures were at a discount of 1.70 point at 841.30 compared with spot closing of 843.00. The number of contracts traded was 24,783.