Nifty Jan futures trade at discount

Published on Jan 20, 2021 17:11

The Nifty January 2021 futures were at 14,633, a discount of 11.7 points compared with the Nifty`s spot closing of 14,644.70.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 33.42 lakh crore compared with Rs 26.94 lakh crore in the previous session.

In the cash market, the Nifty 50 index soared 123.55 or 0.85% to 14,644.70.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, slumped 5.88% to 21.55.

Tata Motors, RIL and Bajaj Finance were the top traded stock futures contracts in F&O segment for January expiry.

The January F&O contracts will expire on 28 January 2021.