VIX snaps 4-day falling streak
The Nifty January 2020 futures were at 12,332.40, a premium of 71.8 points compared with the Nifty's closing of 12,260.60 in the cash market.In the cash market, the Nifty 50 index rose 14.8 points or 0.12% to 12,260.60.
Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 10.76 lakh crore compared with Rs 8 lakh crore reported in the previous session.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 3.49% to 10.8925.
On the options front, the Nifty option chain for 30 January 2020 expiry showed maximum call open interest (OI) of 19.55 lakh contracts at the 12,500 strike price. Maximum put OI of 34.49 lakh contracts was seen at 12,000 strike price.
The option chain indicates that Nifty will expire between 12,000 and 12,500 in the January 2020 series.
State Bank of India (SBI), Reliance Industries (RIL) and Axis Bank were the top traded individual stock futures contracts in F&O segment of NSE for December expiry.
SBI January 2020 futures were at 336.95, compared with spot closing price of 334.45. RIL January 2020 futures were at 1,556 compared with spot closing price of 1546.25. Axis Bank January 2020 futures were at 760.70, compared with spot closing price of 756.
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