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Nifty Jan futures trade at premium

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Capital Market

VIX rises 2.4% to 20.

The Nifty January 2020 futures were at 14,173.35, a premium of 40.45 points compared with the Nifty's spot closing of 14,132.90.

Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 24.11 lakh crore compared with Rs 9.83 lakh crore in the previous session.

In the cash market, the Nifty 50 index added 114.40 points or 0.82% to attain a record closing high of 14,132.90.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 2.4% to 20.03.

The Nifty option chain for 28 January 2020 expiry showed maximum call OI of 21.08 lakh contracts at the 14,000 strike price. Maximum put OI of 24.77 lakh contracts was seen at 13,000 strike price.

 

Tata Steel, RIL and TCS were the top traded stock futures contracts in F&O segment for January expiry.

The January 2020 F&O contracts will expire on 28 January 2020.

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First Published: Jan 04 2021 | 4:44 PM IST

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