Nifty January futures trade at premium

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NSE India VIX jumped 3.89% as shares declined.
The Nifty January 2023 futures closed at 17,941.50, a premium of 46.65 points compared with the Nifty's closing of 17,894.85 in the cash market.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 145.77 lakh crore compared with Rs 112.20 lakh crore reported in the previous session.
In the cash market, the Nifty 50 lost 61.75 points or 0.34% to settle at 17,894.85.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, advanced 3.89% to 15.0225.
HDFC Bank, Federal Bank and Reliance Industries were the top traded individual stock futures contracts in F&O segment of NSE.
The January 2023 F&O contracts will expire on 25 January 2023.
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First Published: Jan 16 2023 | 4:25 PM IST