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Nifty Feb futures trade at premium

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Capital Market

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.

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First Published: Jan 28 2021 | 5:03 PM IST

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