Nifty May futures trade at premium

Published on May 18, 2021 16:41

The Nifty May 2021 futures were at 15,151, a premium of 42.9 points compared with Nifty`s spot closing of 15,108.10.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 36.49 lakh crore compared with Rs 33.06 lakh crore in the previous session.

In the cash market, the Nifty 50 index surged 184.95 points or 1.24% to 15,108.1.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, fell 1.87% to 19.24.

SBI, RIL and Tata Steel 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.