Nifty March futures trade at discount
Tata Steel, Reliance Industries (RIL) and ICICI Bank most active in futures segment.
The Nifty March 2022 futures were at 16,566.35, a discount of 28.55 points as compared with the Nifty's closing of 16,594.90 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 224.71 lakh crore compared with Rs 89.27 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index rose 249.55 points or 1.53% to settle at 16,594.90.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, dropped 6.86% at 25.5825.
Tata Steel, Reliance Industries (RIL) and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE.
The March 2022 F&O contracts expires on 31 March 2022.
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