Nifty May 2017 futures closed at 9339.30 on Tuesday at a premium of 25.50 points over spot closing of 9313.80, while Nifty June 2017 futures ended at 9335.90, at a premium of 22.10 points over spot closing. Nifty May futures saw a contraction of 2.32 thousand 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, Dewan Housing Finance Corporation May 2017 futures traded at a premium of 2 points at 449.85 compared with spot closing of 447.85. The numbers of contracts traded were 15,618.

Reliance Infrastructure May 2017 futures traded at a premium of 3.80 points at 608.00 compared with spot closing of 604.20. The numbers of contracts traded were 13,998.

The Federal Bank May 2017 futures traded at a premium of 0.70 points at 113.00 compared with spot closing of 112.30. The numbers of contracts traded were 13,944.

Reliance Industries May 2017 futures traded at a premium of 6.15 points at 1378.15 compared with spot closing of 1372.00. The numbers of contracts traded were 13,895.

Maruti Suzuki India May 2017 futures traded at a premium of 26.15 points at 6716.15 compared with spot closing of 6,690.00. The numbers of contracts traded were 13,773.