Nifty January futures trade at premium

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NSE India VIX fell 2.87% as shares advanced.
The Nifty January 2023 futures closed at 18,092.50, a premium of 39.2 points compared with the Nifty's closing of 18,053.30 in the cash market.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 219.64 lakh crore compared with Rs 145.77 lakh crore reported in the previous session.
In the cash market, the Nifty 50 added 158.45 points or 0.89% to settle at 18,053.30.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, declined 2.87% to 14.59.
Reliance Industries, HDFC Bank and ICICI Bank 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 17 2023 | 4:27 PM IST