Nifty May 2017 futures closed at 9333.70 on Friday at a premium of 29.65 points over spot closing of 9304.05, while Nifty June 2017 futures ended at 9330.90, at a premium of 26.85 points over spot closing. Nifty May futures saw a contraction of 0.48 million (mn) units, taking the total outstanding open interest (OI) to 19.29 million (mn) units. The near month derivatives contract will expire on May 25, 2017.

From the most active contracts, The Federal Bank May 2017 futures traded at a premium of 0.50 points at 108.40 compared with spot closing of 107.90. The numbers of contracts traded were 23,010.

Punjab National Bank May 2017 futures traded at a discount of 1.55 points at 167.20 compared with spot closing of 168.75. The numbers of contracts traded were 19,968.

Maruti Suzuki India May 2017 futures traded at a premium of 52.20 points at 6563.20 compared with spot closing of 6,511.00. The numbers of contracts traded were 19,616.

Bharat Financial Inclusion May 2017 futures traded at a premium of 6.45 points at 810.30 compared with spot closing of 803.85. The numbers of contracts traded were 19,378.

State Bank of India May 2017 futures traded at a premium of 1.95 points at 291.35 compared with spot closing of 289.40. The numbers of contracts traded were 18,832.