Nifty Jan futures trade at premium
Turnover spurted in F&O segment due to expiry of weekly index options.
The Nifty January 2021 futures were at 14,639.80, a premium of 49.45 points compared with the Nifty's spot closing of 14,590.35.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 69.06 lakh crore compared with Rs 33.42 lakh crore in the previous session.
In the cash market, the Nifty 50 index declined 54.35 or 0.37% to 14,590.35. Trading was volatile due to expiry of weekly index options on the NSE.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 2.92% to 22.18.
Tata Motors, Bajaj Finance and RIL were the top traded stock futures contracts in F&O segment for January expiry.
The January F&O contracts will expire on 28 January 2021.
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First Published: Jan 21 2021 | 5:17 PM IST