The BSE Index closed 18656, up by 147 ponits, the index touched a high and a low of 18,690.42 and 18,481.83 respectively. While Nifty index closed at 5614, up by 46 points, the index touched high and low of 5,627.65 and 5,557.20 respectively.

Nifty July 2011 futures closed at 5,619.00, at a premium of 5.45 point over spot closing of 5,613.55, while Nifty August 2011 futures were at 5,639.35 at a premium of 25.80 points over spot closing. The near month July 2011 derivatives contract expires on Thursday, 28 July, 2011. Nifty July futures saw an addition of 10.74% or 2.27 million (mn) units, taking the total outstanding open interest (OI) to 23.45 mn units.

Among Nifty puts, 5600 SP from the July month expiry was the most active put with addition of 1.10 million or 16.64%.The maximum Call OI outstanding for Calls was at 5600 SP (7.26 mn) and that for Puts was at 5500 SP (7.79 mn). The respective Support and Resistance levels are: Resistance 5641.73 -- Pivot Point 5599.46 -- Support 5571.28.