BSe Index closed at 18693 with upward trend by 201 points, While Nifty Index closed at 5600 also with upward trend by 55 ponits. The market held the positive zone in afternoon trade as European stocks rose at the onset of the trading session and retained the positive zone in mid-afternoon trade. The market regained strength after trimming gains in late trade.

Nifty June 2011 futures closed at 5,608.00, at a premium of just 7.55 point over spot closing of 5,600.45, while Nifty July 2011 futures were at 5,629.95 at a premium of 29.50 points over spot closing. The near month June 2011 derivatives contract expires on Thursday, June 30, 2011. Nifty June futures saw addition of 10.76% or 1.76 million (mn) units, taking the total outstanding open interest (OI) to 18.16 mn units.

Among Nifty calls, 5600 SP from the June month expiry was the most active call with addition of 0.42 million or 5.57%. Among Nifty puts, 5600 SP from the June month expiry was the most active put with addition of 2.87 million or 65.06%. The maximum Call OI outstanding for Calls was at 5600 SP (8.06 mn) and that for Puts was at 5600 SP (7.29 mn).