Nifty May futures trade at premium

Published on May 12, 2021 16:45

The Nifty May 2021 futures were at 14,708.90, a premium of 12.4 points compared with Nifty`s spot closing of 14,696.50.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 80.06 lakh crore compared with Rs 42.73 lakh crore in the previous session.

In the cash market, the Nifty 50 index fell 154.25 points or 1.04% to 14,696.50.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, rose 1.26% to 20.08.

SBI, Tata Steel 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.