Nifty May futures trade at premium

Published on Apr 28, 2023 16:20

The Nifty May 2023 futures closed at 18,113.45, a premium of 48.45 points compared with the Nifty`s closing of 18,065 in the cash market.

In the cash market, the Nifty 50 advanced 149.95 points or 0.84% to settle at 18,065.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, dropped 4.17% to 10.95.

Axis Bank, Reliance Industries (RIL), and Adani Enterprises were the top traded individual stock futures contracts in F&O segment of NSE.

The May 2023 F&O contracts will expire on 25 May 2023.