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Nifty May futures trade at premium

Published on May 04, 2021 16:52

The Nifty May 2021 futures were at 14,551.90, a premium 55.40 points compared with Nifty`s spot closing of 14,496.50.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 37.28 lakh crore compared with Rs 30.48 lakh crore in the previous session.

In the cash market, the Nifty 50 index slumped 137.65 points or 0.94% to 14,496.50.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, fell 2.88% to 23.01.

SBI, RIL and Bajaj Finance 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.

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