Nifty May futures trade at premium
Tata Motors, RIL and Axis Bank were top traded futures contract in the F&O segment.
The Nifty May 2021 futures were at 15,048.55, a premium of 18.40 points compared with Nifty's spot closing of 15,030.15.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 42.83 lakh crore compared with Rs 36.49 lakh crore in the previous session.
In the cash market, the Nifty 50 index declined 77.95 points or 0.52% to 15,030.15.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 0.4% to 19.3175.
Tata Motors, RIL and Axis Bank were the top traded stock futures contracts in F&O segment for May expiry.
The May F&O contracts will expire on 27 May 2021.
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