Nifty futures moved in tandem with the underlying cash segment today. The near-month futures, which were trading at a discount in early morning deals, however, ended higher over their previous levels, while October futures spun down.
But towards the end of the session, all the three futures closed at a premium, which could mean that investors are taking a bullish view.
Open interest in the August futures declined marginally while September futures saw open interest rise 9 per cent.
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Incidentally, there were no trades in the Bombay Stock Exchange sensex futures. In Nifty index options 1,849 contracts were traded at a value of Rs 36.60 crore. The Nifty August put saw the highest volumes at 960 with the August call at 980. The put-call ratio in the Nifty options fell to 0.66 down from 0.80 on Tuesday.
Other calls among the top traded were at strikes of 990, 970 and 960. Puts at strikes of 970 and 980 were in the top list.
Tech counters generated a lot of interest among stock futures, their weakness in underlying segment notwithstanding.
Satyam Computer was the most active stock futures with 9,279 contracts, while Infosys was next with 3,994 contracts being traded. Satyam futures ended at the same level as its cash close but Infosys ended at a discount.