Nifty May futures trade at premium

Published on May 06, 2022 17:45

The Nifty May 2022 futures were at 16,431.45, a premium of 20.2 points as compared with the Nifty`s closing of 16,411.25 in the cash market.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 61.52 lakh crore compared with Rs 230.37 lakh crore reported in the previous session.

In the cash market, the Nifty 50 index lost 271.40 points or 1.63% to settle at 16,411.25.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, jumped 4.71% to 21.25.

Reliance Industries (RIL), HDFC Bank and Infosys were the top traded individual stock futures contracts in the F&O segment of NSE.

The May 2022 F&O contracts will expire on 26 May 2022.