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Market Commentary
08-May-24
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Futures Market
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Nifty May futures trade at premium
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State Bank of India, HDFC Bank and Canara Bank were the top traded contracts.
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The Nifty May 2024 futures closed at 22,392.85, a premium of 90.35 points compared with the Nifty's closing 22,302.50 in the cash market.
In the cash market, the Nifty 50 ended flat at 22,302.50.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 0.42% to 17.08.
State Bank of India, HDFC Bank and Canara 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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