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Market Commentary
10-May-24
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Futures Market
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Nifty May futures trade at premium
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NSE India VIX gained 1.49% to 18.47.
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The Nifty May 2024 futures closed at 22,127.05, a premium of 71.85 points compared with the Nifty's closing 22,055.20 in the cash market.
In the cash market, the Nifty 50 added 97.70 points or 0.44% to 22,055.20.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 1.49% to 18.47.
State Bank of India, Polycab India and Bank of Baroda were the top traded individual stock futures contracts in F&O segment of NSE.
The May 2024 F&O contracts will expire on 30 May 2024.
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