Nifty January futures trade at premium

HDFC Bank, Reliance Industries and Axis Bank were the top-traded contracts.

The Nifty January 2025 futures closed at 22,990, a premium of 1 point compared with the Nifty's closing 22,957.25 in the cash market.

In the cash market, the Nifty 50 fell 128.10 points or 0.56% to 22,957.25.

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 0.34% to 18.20.

HDFC Bank, Reliance Industries and Axis Bank were the top trading individual stock futures contracts in the F&O segment of the NSE.

The January 2025 F&O contracts will expire on 30 January 2025.

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