India VIX slumped nearly 7% as shares rallied
The Nifty April 2022 futures were at 17,894.95, a premium of 110.6 points as compared with the Nifty's closing of 17,784.35 in the cash market.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 62.56 lakh crore compared with Rs 209.49 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index surged 144.8 points or 0.82% to settle at 17,784.35.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slumped 6.89% to 17.6875.
HDFC Bank, Reliance Industries and RBL Bank were the top traded individual stock futures contracts in F&O segment of NSE.
The April 2022 F&O contracts will expire on 28 April 2022.
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