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Market Commentary
25-Apr-24
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Futures Market
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Nifty May futures trade at premium
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NSE India VIX climbed 4.42% to 10.73.
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The Nifty May 2024 futures closed at 22,645.35, a premium of 75 points compared with the Nifty's closing 22,570.35 in the cash market.
In the cash market, the Nifty 50 gained 167.95 points or 0.75% to 22,570.35.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 4.42% to 10.73.
Kotak Mahindra Bank, Axis Bank and HDFC Bank 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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