Nifty May 2014 futures closed at 7,135.30 on Tuesday at a premium of 26.55 points over spot closing of 7,108.75, while Nifty June 2014 futures ended at 7,157.00 at a premium of 48.25 points over spot closing. Nifty May futures saw an addition of 1.03 million (mn) units, taking the total outstanding open interest (OI) to 16.00 mn units. The near month May 2014 derivatives contract will expire on May 29, 2014.

From the most active contracts, BHEL May 2014 futures traded at a discount of 2.00 points at 217.25 compared with spot closing of 219.25. The number of contracts traded was 23,492.

Reliance Industries May 2014 futures were at a discount of 3.10 points at 1058.00 compared with spot closing of 1061.10. The number of contracts traded was 36,282.

Tata Steel May 2014 futures traded at a premium of 4.40 points at 429.90 compared with spot closing of 425.50. The number of contracts traded was 29,648.

Yes Bank May 2014 futures traded at a discount of 6.20 points at 513.70 compared with spot closing of 519.90. The number of contracts traded was 30,801.

Adani Enterprises May 2014 futures traded at a premium of 4.50 points at 480.25 compared with spot closing of 475.75. The number of contracts traded was 42,170.