Nifty Feb futures trade at discount
Turnover spurted in F&O segment due to expiry of weekly index options.
The Nifty February 2021 futures were at 14,890, a discount of 5.65 points to the Nifty's spot closing of 14,895.65.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 84.55 lakh crore compared with Rs 42.11 lakh crore in the previous session.
In the cash market, the Nifty 50 index rallied 105.7 points or 0.71% to record closing high of 14,895.65.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 2.62% to 23.1225.
SBI, Tata Motors and Bharti Airtel were the top traded stock futures contracts in F&O segment for February expiry.
The February F&O contracts will expire on 25 February 2021.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Feb 04 2021 | 5:04 PM IST