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Market Commentary
02-Jan-24
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Futures Market
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Nifty January futures trade at premium
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ICICI Bank, HDFC Bank, & RIL were the top traded contracts.
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The Nifty January 2024 futures closed at 21,754, a premium of 88.2 points compared with the Nifty's closing 21,665.80 in the cash market.
In the cash market, the Nifty 50 lost 76.10 points or 0.35% to 21,665.80.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, declined 0.68% to 14.58.
ICICI Bank, HDFC Bank and Reliance Industries (RIL) were the top traded individual stock futures contracts in F&O segment of NSE.
The January 2024 F&O contracts will expire on 25 January 2024.
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