Nifty March futures trade at premium

Published on Mar 20, 2023 16:26

The Nifty March 2023 futures closed at 17,037.05, a premium of 48.65 points compared with the Nifty`s closing of 16,988.40 in the cash market.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 173.77 lakh crore compared with Rs 140.11 lakh crore reported in the previous session.

In the cash market, the Nifty 50 lost 111.65 points or 0.65% to settle at 16,988.40.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, jumped 8.39% to 16.0075.

Reliance Industries (RIL), HDFC Bank and ICICI Bank 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.