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Nifty April futures trade at premium

NSE VIX surged 6.14% to 21.215 amid broader selloff.The Nifty April 2021 futures were at 14,706.60, a premium of 68.80 points compared with Nifty s spot closing of 14,637.80. Turnover on the National Stock Exchange s futures & options (F&O) segment was Rs 29.68 lakh crore compared with Rs 73.41 lakh crore in the previous session. In the cash market, the Nifty 50 index tumbled 229.55 points or 1.54% to 14,637.80. The NSE s India VIX, a gauge of market s expectation of volatility over the near term, surged 6.14% to 21.215. RIL, SBI and ICICI Bank were the top traded stock futures contracts in F&O segment for April expiry. The April F&O contracts will expire on 29 April 2021.

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