VIX rose 2.31% to 23.9575.
The Nifty February 2021 futures were at 15,135.50, at a premium of 19.7 points to the Nifty's spot closing of 15,115.80.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 24.96 lakh crore compared with Rs 25.08 lakh crore in the previous session.
In the cash market, the Nifty 50 index rallied 191.55 points or 1.28% to hit a record closing high of 15,115.80.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 2.31% to 23.9575.
SBI, Tata Motors and Tata Steel were the top traded stock futures contracts in F&O segment for February expiry.
The February F&O contracts will expire on 25 February 2021.
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