Nifty May futures trade at premium
The NSE India Vix surged 7.86% to 21.88
The Nifty May 2022 futures were at 16,717, a premium of 39.4 points as compared with the Nifty's closing of 16,677.60 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 126.73 lakh crore compared with Rs 65.17 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index fell 391.50 points or 2.29% to settle at 16,677.60.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 7.86% to 21.88.
Tata Steel, Reliance Industries (RIL), and HDFC Bank were the top traded individual stock futures contracts in the F&O segment of NSE.
The May 2022 F&O contracts will expire on 26 May 2022.
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First Published: May 04 2022 | 4:54 PM IST