Turnover spurted in the F&O segment due to expiry of weekly index options.
The Nifty April 2021 futures were at 14,938, a premium of 64.20 points compared with Nifty's spot closing of 14,873.80.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 85.04 lakh crore compared with Rs 43.86 lakh crore in the previous session.
In the cash market, the Nifty 50 index rallied 54.75 points or 0.37% to 14,873.80.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 0.32% to 20.3125.
Tata Steel, RIL and JSW Steel 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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