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Market Commentary
24-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 rose 1.54% to 21.71.
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The Nifty May 2024 futures closed at 23,015.40, a premium of 58.3 points compared with the Nifty's closing 22,957.10 in the cash market.
In the cash market, the Nifty 50 shed 10.55 points or 0.05% to 22,957.10.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 1.54% to 21.71.
Vodafone Idea, HDFC Bank and Hindustan Aeronautics 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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