NSE VIX fell 2.84% to 20.2475.
The Nifty April 2021 futures were at 14,880.50, a premium of 61.45 points compared with Nifty's spot closing of 14,819.05.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 43.86 lakh crore compared with Rs 34.85 lakh crore in the previous session.
In the cash market, the Nifty 50 index rallied 135.55 points or 0.92% to 14,819.05.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 2.84% to 20.2475.
RIL, Adani Ports & SEZ and ICICI Bank 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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