In Nifty futures, all the three contracts closed at a discount to the underlying. Open interest also fell marginally in the May contract. There was substantial trading interest in Tata Engineering, Digital GlobalSoft, Satyam Computer, Infosys Technologies, Wipro and Hindustan Petroleum Corporation Ltd.
The total volume of the derivatives market fell to Rs 2,525.65 crore (from Rs 2,525.65 crore on Tuesday) with 95,280 contracts traded.
In Nifty futures, May futures shed 2.70 points to settle at 946.90, while the NSE S&P CNX Nifty closed at 950.15.
June futures dropped 3.25 points to 946.80 and July futures eased 3 points to 947.00. In Nifty options, the put-call ratio was unchanged at 0.43. The top traded calls were at strikes of 950, 940, 960 and 930. While the puts that attracted the highest trades were at strikes of 940 and 950.
In stock futures, open interest rose in technology shares with the exception of Infosys and Wipro, which dipped on profit-taking.
