NSE VIX rose 3.5% to 23.495.
The Nifty April 2021 futures were at 14,487.20, at a premium of 2.2 points compared with Nifty's spot closing of 14,485.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 25.96 lakh crore compared with Rs 24.41 lakh crore in the previous session.
In the cash market, the Nifty 50 index jumped 143.65 points or 1% to 14,485.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 3.54% to 23.495.
ICICI Bank, Reliance Industries and HCL Technologies 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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