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Market Commentary
24-May-23
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Futures Market
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Nifty May futures trade at premium
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NSE India VIX jumped 4.02% as shares slipped.
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The Nifty May 2023 futures closed at 18,300.45, a premium of 15.05 points compared with the Nifty's closing of 18,285.40 in the cash market.
In the cash market, the Nifty 50 lost 62.60 points or 0.34% to settle at 18,285.40.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, surged 4.02% to 13.11.
Adani Enterprises, Reliance Industries and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE.
The May 2023 F&O contracts will expire on 25 May 2023.
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