NIFTY JAN FUTURES TRADE AT PREMIUM

Published on Jan 08, 2021 17:11

The Nifty January 2020 futures were at 14,374.90, a premium of 27.65 points compared with the Nifty`s spot closing of 14,347.25.

In the cash market, the Nifty 50 index surged 209.90 points or 1.48% to 14,347.25.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 17.72 lakh crore compared with Rs 60.51 lakh crore in the previous session.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, rose 0.97% to 20.815.

The Nifty option chain for 28 January 2020 expiry showed maximum call OI of 18.65 lakh contracts at the 14,000 strike price. Maximum put OI of 25.55 lakh contracts was seen at 13,000 strike price.

Infosys, RIL and TCS were the top traded stock futures contracts in F&O segment for January expiry.

The January 2020 F&O contracts will expire on 28 January 2020.