Tata Steel, RIL and HDFC Bank were the top traded contracts.
The Nifty May 2022 futures were at 16,164.85, a discount of 49.85 points compared with the Nifty's closing of 16,214.70 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 69.18 lakh crore compared with Rs 53.84 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index declined 51.45 points or 0.32% to settle at 16,214.70.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 1.28% to 23.40.
Tata Steel, Reliance Industries (RIL) and HDFC Bank were the top traded individual stock futures contracts in F&O segment of NSE.
The May 2022 F&O contracts will expire on 26 May 2022.
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