Nifty May futures trade at premium

Published on May 11, 2021 16:52

The Nifty May 2021 futures were at 14,874.55, a premium of 23.8 points compared with Nifty`s spot closing of 14,850.75.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 42.73 lakh crore compared with Rs 25.76 lakh crore in the previous session.

In the cash market, the Nifty 50 index fell 91.60 points or 0.61% to 14,850.75.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, slumped 1.95% to 19.83.

Tata Steel, SBI and Tata Motors 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.