Nifty July futures trade at premium

Published on Jul 08, 2022 16:48

The Nifty July 2022 futures closed at 16,233.35, representing a premium of 12.75 points compared with the Nifty`s closing of 16,220.60 in the cash market.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 46.06 lakh crore compared with Rs 214.80 lakh crore reported in the previous session.

In the cash market, the Nifty 50 index gained 87.70 points or 0.54% to settle at 16,220.60.

The NSE`s India VIX, a gauge of the market`s expectation of volatility over the near term, tumbled 4.20% to 18.40.

Reliance Industries (RIL), Larsen & Toubro (L&T) and Tata Steel were the top traded individual stock futures contracts in F&O segment of NSE.

The July 2022 F&O contracts will expire on 28 July 2022.