Turnover spurted in F&O segment due to expiry of monthly contracts.
The Nifty April 2021 futures were at 14,447, a premium of 122.10 points compared with Nifty's spot closing of 14,324.90.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 95.13 lakh crore compared with Rs 44.42 lakh crore in the previous session.
In the cash market, the Nifty 50 index slumped 224.50 points or 1.54% to 14,324.90.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 1.07% to 22.6975.
SBI, Tata Motors and RIL 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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