Nifty January futures trade at steep premium

Published on Dec 28, 2023 17:50

The Nifty January 2024 futures closed at 21,930.05, a premium of 151.35 points compared with the Nifty`s closing 21,778.70 in the cash market.

In the cash market, the Nifty 50 zoomed 123.95 points or 0.57% to 21,778.70.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, fell 2.68% to 15.14.

HDFC Bank, Reliance Industries and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE.

The January 2024 F&O contracts will expire on 25 January 2024.