Nifty July 2010 futures at premium

Turnover declines

Nifty June 2010 futures were at 5324.90, at a premium of 8.35 points over spot closing of 5316.55. Nifty July 2010 futures were at 5331.90, at a premium of 15.35 points over spot closing.



Turnover in NSE's futures & options (F&O) segment declined to Rs 116379.52 crore from Rs 119769.19 crore on Monday, 21 June 2010.

The near-month June 2010 derivatives contracts expire on Thursday, 24 June 2010. Rollover in Nifty futures was a little over 27% at the end of Monday's (21 June 2010) trade. Rollover in Mini Nifty futures was about 38%.

NSE's volatility index, India VIX, which is a gauge of traders' perception of near-term risks in the market based on options prices, jumped 6.34% to 20.64. The index had declined sharply in the preceding three trading sessions. India VIX is calculated based on the S&P CNX Nifty options prices. India VIX is a measure of the market's expectation of volatility over the next 30 calendar days.

In the cash market, the Nifty lost 36.75 points or 0.69% to settle at 5316.55.