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Nifty Feb futures trade at premium

NSE s VIX spurted 4% after selloff.The Nifty February 2021 futures were at 13,717.25, a premium of 82.65 points to the Nifty s spot closing of 13,634.60. Turnover on the National Stock Exchange s futures & options (F&O) segment was Rs 17.93 lakh crore compared with Rs 77.23 lakh crore in the previous session. In the cash market, the Nifty 50 index tumbled 182.95 points or 1.32% to 13,634.60. The NSE s India VIX, a gauge of market s expectation of volatility over the near term, surged 4.33% to 25.3425. Tata Motors, Tata Steel and RIL were the top traded stock futures contracts in F&O segment for February expiry. The February F&O contracts will expire on 25 February 2021.

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