Nifty May futures trade at discount

Published on May 25, 2022 17:26

The Nifty May 2022 futures were at 16,015.95, a discount of 9.85 points compared with the Nifty`s closing of 16,025.80 in the cash market.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 94.73 lakh crore compared with Rs 81.73 lakh crore reported in the previous session.

In the cash market, the Nifty 50 index slipped 99.35 points or 0.62% to settle at 16,025.80.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, fell 1.37% to 25.28.

Reliance Industries (RIL), Infosys and HDFC Bank were the top traded individual stock futures contracts in F&O segment of NSE.

The May 2022 F&O contracts will expire on 26 May 2022.