NIFTY APRIL FUTURES TRADE AT STEEP PREMIUM

Published on Mar 29, 2023 15:59

The Nifty April 2023 futures closed at 17,235, a premium of 154.3 points compared with the Nifty`s closing of 17,080.70 in the cash market.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 381.64 lakh crore compared with Rs 245.96 lakh crore reported in the previous session.

In the cash market, the Nifty 50 advanced 129 points or 0.76% to settle at 17,080.70.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, tumbled 9.75% to 13.6275.

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

The April 2023 F&O contracts will expire on 27 April 2023.