NSE VIX tumbled 11% as shares bounced back.
The Nifty April 2021 futures were at 14,556, a premium of 51.2 points compared with Nifty's spot closing of 14,504.80.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 42.92 lakh crore compared with Rs 35.35 lakh crore in the previous session.
In the cash market, the Nifty 50 index jumped 194 points or 1.36% to 14,504.80.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slumped 11.02% to 20.46.
Infosys, TCS and Dr. Reddy's 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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