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Market Commentary
28-May-24
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Futures Market
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Nifty May futures trade at premium
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The NSE's India VIX spurts 4.32% to 24.20.
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The Nifty May 2024 futures closed at 22,925, a premium of 36.85 points compared with the Nifty's closing 22,888.15 in the cash market.
In the cash market, the Nifty 50 lost 44.30 points or 0.19% to 22,888.15.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 4.32% to 24.20.
HDFC Bank, State Bank of India and ICICI 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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