Nifty May futures trade at premium

Published on Apr 29, 2021 16:49

The Nifty May 2021 futures were at 14,920 at a premium 25.1 points compared with Nifty`s spot closing of 14,894.9.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 99.43 lakh crore compared with Rs 43.53 lakh crore in the previous session.

In the cash market, the Nifty 50 index rose 30.35 points or 0.2% to 14,894.90.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, rose 3.21% to 23.3050.

Reliance Industries, ICICI Bank and HDFC Bank were the top traded stock futures contracts in F&O segment for May expiry.

The May F&O contracts will expire on 27 May 2021.