Nifty June 2011 futures end at 5,485.65 on Friday

Nifty June 2011 futures closed at 5,485.65, at a discount of 0.15 points over spot closing of 5,485.80, while Nifty July 2011 futures were at 5,501.90 at a premium of 16.10 points over spot closing. The near month June 2011 derivatives contract expires on Thursday, June 30, 2011. Nifty June futures saw addition of 3.86% or 0.93 million (mn) units, taking the total outstanding open interest (OI) to 25.27 mn units.

From the most active underlying, SBI’s June 2011 futures closed at a premium of 8.85 points at 2250.95 compared with spot closing of 2242.10. The number of contracts traded was 21,259.

Tata Motors June 2011 futures were at a premium of 3.10 point at 1020.10 compared with spot closing of 1017.00. The number of contracts traded was 14,473.

Titan June 2011 futures were at a discount of 36.50 points at 4543.50 compared with spot closing of 4580.00. The number of contracts traded was 6,524.

RIL June 2011 futures were at a discount of 1.00 at 945.00 compared with spot closing of 946.00. The number of contracts traded was 15,121.

ICICI Bank June 2011 futures were at a premium of 3.40 points at 1037.90 compared with spot closing of 1034.50. The number of contracts traded was 13,434.