VIX declined fell 2.84% to 12.62 as shares advanced.
The Nifty July 2021 futures were at 15,833.95, a premium of 21.6 points compared with Nifty's spot closing of 15,812.35.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 39.11 lakh crore compared with Rs 37.10 lakh crore in the previous session.
In the cash market, the Nifty 50 index jumped 119.75 points or 0.76% to 15,812.35.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 2.84% to 12.6225.
ICICI Bank, HDFC Bank and Reliance Industries were the top traded stock futures contracts in F&O segment for July expiry.
The July F&O contracts will expire on 29 July 2021.
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