Nifty Feb futures trade at premium
Turnover spurted in F&O segment due to monthly derivatives expiry.
The Nifty February 2021 futures were at 13,840, a premium of 22.45 points to the Nifty's spot closing of 13,817.55.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 77.23 lakh crore compared with Rs 34.54 lakh crore in the previous session.
In the cash market, the Nifty 50 index tumbled 149.95 points or 1.07% to 13,817.55.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, remained unchanged at 24.29.
Axis Bank, RIL and Tata Motors 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: Jan 28 2021 | 5:03 PM IST