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Market Commentary
17-May-24
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Futures Market
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Nifty May futures trade at premium
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Bharat Electronics, Mahindra & Mahindra and Container Corporation of India were the top traded contracts.
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The Nifty May 2024 futures closed at 22,504, a premium of 37.9 points compared with the Nifty's closing 22,466.10 in the cash market.
In the cash market, the Nifty 50 added 62.25 points or 0.28% to 22,466.10.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, shed 0.98% to 19.80.
Bharat Electronics, Mahindra & Mahindra and Container Corporation of India 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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