Nifty, Sensex, Nifty futures

On Monday, the Nifty June 2025 futures closed at 24,993, trading at a premium of 21.1 points compared to the Nifty 50’s cash market close of 24,971.90. This premium indicates cautious optimism among traders ahead of the June futures contract expiry scheduled for June 26, despite the broader market falling 0.56 per cent.

The NSE’s India VIX, which measures the market’s expectation of volatility in the near term, rose 2.74 per cent to 14.05. The jump in India VIX signals increased investor uncertainty as markets navigate geopolitical tensions and volatile crude oil prices.

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Among sectors, the Nifty Media index stood out, rallying 4.39 per cent to close at 1,748.4. This was driven by notable gains in key stocks such as Zee Entertainment Enterprises, which soared 12.46 per cent, Network 18 Media & Investments Ltd, which jumped 3.81 per cent, and Nazara Technologies, which rose 3.52 per cent. Over the last month, the Nifty Media index has gained 4 per cent. However, it remains down 14 per cent over the past year, underperforming the benchmark Nifty 50 index, which has gained 6.26 per cent during the same period.

Other indices showed mixed performances. The Nifty IT index declined by 1.48 per cent, while the Nifty Auto index slid 0.92 per cent. The broader markets also saw pressure, with the Sensex closing down 0.62 per cent at Rs 81,896.79.

HDFC Bank, Infosys, and Reliance Industries were among the top traded individual stock futures contracts on the NSE, reflecting active participation in the futures and options segment.

The premium in Nifty futures, combined with strong performance in the media sector, highlights investor focus on select pockets of growth despite broader market volatility. With the June 2025 F&O contracts set to expire on June 26, traders remain watchful of market movements and global cues that could impact volatility in the coming days.