Nifty May futures trade at discount
Published on May 05, 2022 16:33
The Nifty May 2022 futures were at 16,681, a discount of 1.65 points as compared with the Nifty`s closing of 16,682.65 in the cash market.
Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 230.37 lakh crore compared with Rs 126.73 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index rose 5.05 points or 0.03% to settle at 16,682.65.
The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, tumbled 7.24% to 20.2925.
Reliance Industries (RIL), HDFC Bank and Tata Steel were the top traded individual stock futures contracts in the F&O segment of NSE.
The May 2022 F&O contracts will expire on 26 May 2022.
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