Nifty May futures trade at premium

Published on May 19, 2021 16:42

The Nifty May 2021 futures were at 15,048.55, a premium of 18.40 points compared with Nifty`s spot closing of 15,030.15.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 42.83 lakh crore compared with Rs 36.49 lakh crore in the previous session.

In the cash market, the Nifty 50 index declined 77.95 points or 0.52% to 15,030.15.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, rose 0.4% to 19.3175.

Tata Motors, RIL and Axis Bank 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.