3.3 percent fall in futures open interest

Total open interest position at the futures counter declined by 3.3 percent to Rs 1.61 billion during the week ended on January 28, 2011. The futures spreads also declined by 220bps to 6.20 percent. Trading at futures counter also remained low and the average daily volume decreased by 35 percent to 7.32 million shares.
Top 5 scrips at the futures counter, constituting 64 percent of the total open interest, were POL, PSO, Egro, NBP and FFBL.