Nifty May futures trade at discount

RIL, Infy and HDFC Bank were the top traded contracts.
The Nifty May 2022 futures were at 16,123, a discount of 2.15 points compared with the Nifty's closing of 16,125.15 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 81.73 lakh crore compared with Rs 69.18 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index slipped 89.55 points or 0.55% to settle at 16,125.15.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 9.56% to 25.64.
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Reliance Industries (RIL), Infosys and HDFC Bank were the top traded individual stock futures contracts in F&O segment of NSE.
The May 2022 F&O contracts will expire on 26 May 2022.
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First Published: May 24 2022 | 5:18 PM IST
