Nifty May futures trade at small premium
NSE VIX spurted 11% ahead of monthly F&O expiry on Thursday.
The Nifty May 2021 futures were at 15,302.10, a premium of 0.65 points compared with Nifty's spot closing of 15,301.45.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 42.79 lakh crore compared with Rs 38.06 lakh crore in the previous session.
In the cash market, the Nifty 50 index added 93 points or 0.61% to 15,301.45.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, soared 10.77% to 20.8725.
Reliance Industries, SBI and Bajaj Finance were the top traded stock futures contracts in F&O segment for May expiry.
The May F&O contracts will expire tomorrow, 27 May 2021.
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First Published: May 26 2021 | 4:46 PM IST