Nifty March futures trade at premium

Published on Feb 28, 2023 16:14

The Nifty March 2023 futures closed at 17,406.05, a premium of 102.1 points compared with the Nifty`s closing of 17,303.95 in the cash market.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 224.90 lakh crore compared with Rs 154.12 lakh crore reported in the previous session.

In the cash market, the Nifty 50 shed 88.75 points or 0.51% to settle at 17,303.95.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, rose 1.04% to 14.02.

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

The March 2023 F&O contracts will expire on 29 March 2023.