India VIX slumped 6.25% as shares rally
The Nifty March 2022 futures were at 17,325.05, a premium of 38 points as compared with the Nifty's closing of 17,287.05 in the cash market.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 167.76 lakh crore compared with Rs 75.79 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index surged 311.7 points or 1.84% to settle at 17,287.05.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slumped 6.25% to 22.61.
RIL, Infosys and Tata Steel were the top traded individual stock futures contracts in F&O segment of NSE.
The March 2022 F&O contracts expire on 31 March 2022.
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