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Market Commentary
29-May-24
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Futures Market
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Nifty May futures trade at premium
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HDFC Bank, Reliance Industries and ICICI Bank were the top traded contracts.
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The Nifty May 2024 futures closed at 22,731, a premium of 26.3 points compared with the Nifty's closing 22,704.70 in the cash market.
In the cash market, the Nifty 50 lost 183.45 points or 0.80% to 22,704.70.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, shed 0.08% to 24.18.
HDFC Bank, Reliance Industries 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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