Nifty May futures trade at premium

Published on May 05, 2023 16:10

The Nifty May 2023 futures closed at 18,130.10, a premium of 61.1 points compared with the Nifty`s closing of 18,069 in the cash market.

In the cash market, the Nifty 50 lost 186.80 points or 1.02% to settle at 18,069.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, jumped 4.79% to 12.30.

HDFC Bank, ICICI Bank and IndusInd Bank were the top traded individual stock futures contracts in F&O segment of NSE.

The May 2023 F&O contracts will expire on 25 May 2023.