Nifty May futures trade at premium

Published on May 20, 2021 17:09

The Nifty May 2021 futures were at 14,938, a premium of 31.95 points compared with Nifty`s spot closing of 14,906.05.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 81.72 lakh crore compared with Rs 42.83 lakh crore in the previous session.

In the cash market, the Nifty 50 index declined 124.10 points or 0.83% to 14,906.05.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, rose 1.73% to 19.6525.

Tata Steel, SBI and Adani Ports 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.