Nifty May futures trade at premium

Published on May 03, 2021 16:42

The Nifty May 2021 futures were at 14,700 at a premium 65.85 points compared with Nifty`s spot closing of 14,634.15.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 30.48 lakh crore compared with Rs 22.40 lakh crore in the previous session.

In the cash market, the Nifty 50 index rose 3.05 points or 0.02% to 14,634.15.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, rose 2.88% to 23.6925.

Reliance Industries, Tata Steel and SBI were the top traded stock futures contracts in F&O segment for May expiry.

The May F&O contracts will expire on 27 May 2021.