Nifty May futures trade at premium

Published on May 19, 2023 16:18

The Nifty May 2023 futures closed at 18,230.50, a premium of 27.1points compared with the Nifty`s closing of 18,203.40 in the cash market.

In the cash market, the Nifty 50 advanced 73.45 points or 0.41% to settle at 18,203.40.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, slipped 3.84% to 12.30.

State Bank of India (SBI), HDFC Bank and Adani Enterprises 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.