Nifty November 2014 futures close at a premium of 22.25 points over spot closing price

Nifty November 2014 futures closed at 8380.10 on Thursday at a premium of 22.25 points over spot closing of 8,357.85, while Nifty December 2014 futures ended at 8426.95 at a premium of 69.10 points over spot closing. Nifty November futures saw contraction of 0.67 million (mn) units, taking the total outstanding open interest (OI) to 23.10 mn units. The near month derivatives contract will expire on November 27, 2014. From the most active contracts, HDFC Bank November 2014 futures traded at a premium of 8.30 points at 922.30 compared with spot closing of 914.00. The number of contracts traded were 24,270. Reliance Industries November 2014 futures traded at a premium of 4.85 points at 974.05 compared with spot closing of 969.20. The number of contracts traded were 17,447. Hindalco Industries November 2014 futures traded at a premium of 1.00 points at 152.75 compared with spot closing of 151.75. The number of contracts traded were 17,559. Axis Bank November 2014 futures traded at a premium of 2.00 points at 475.95 compared with spot closing of 473.95. The number of contracts traded were 14,864. Tata Steel November 2014 futures traded at a premium of 1.25 points at 472.10 compared with spot closing of 470.85. The number of contracts traded were 31,983.