Nifty May futures trade at discount

VIX rose 0.26% to 19.13.The Nifty May 2021 futures were at 15,190, a discount of 7.7 points compared with Nifty's spot closing of 15,197.70.
Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 35.28 lakh crore compared with Rs 28.37 lakh crore in the previous session.
In the cash market, the Nifty 50 index rose 22.40 points or 0.15% to 15,197.70.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 0.26% to 19.13.
SBI, Tata Steel and Reliance Industries were the top traded stock futures contracts in F&O segment for May expiry.
The May F&O contracts will expire on 27 May 2021.

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