Nifty January futures trade at discount   (16:41, 19 Jan 2026)

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The Nifty January 2026 futures closed at 25,574, a discount of 11.5 points compared with the Nifty's closing at 25,585.50 in the cash market.

In the cash market, the Nifty 50 index declined 108.85 points or 0.42% to 25,585.50.

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 4% to 11.83.

HDFC Bank, ICICI Bank and Reliance Industries were the top-traded individual stock futures contracts in the F&O segment of the NSE.

The January 2026 F&O contracts will expire on 27 January 2026.

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