Nifty May Futures trade at discount

Published on May 10, 2022 16:38

The Nifty May 2022 futures were at 16,222.15, a discount of 17.9 points as compared with the Nifty`s closing of 16,240.05 in the cash market.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 80.08 lakh crore compared with Rs 76.64 lakh crore reported in the previous session.

In the cash market, the Nifty 50 index lost 61.80 points or 0.38% to settle at 16,240.05.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, rose 1.22% to 22.3025.

Reliance Industries (RIL), Tata Steel and HDFC Bank 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.