NSE VIX slumped 10% to 11.885 as shares rallied across the board.
The Nifty July 2021 futures were at 15,823.45, almost at par with Nifty's spot closing of 15,824.05.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 101.29 lakh crore compared with Rs 57.05 lakh crore in the previous session.
In the cash market, the Nifty 50 index soared 191.95 points or 1.23% to 15,824.05.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slumped 10% to 11.885.
Bajaj Finance, Bharti Airtel and Havells India 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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