NSE's VIX index rose 1.26% to 23.42.
The Nifty February 2021 futures were at 14,946.05, at a premium of of 21.8 points to the Nifty's spot closing of 14,924.25.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 25.08 lakh crore compared with Rs 84.55 lakh crore in the previous session.
In the cash market, the Nifty 50 index added 28.60 points or 0.19% to hit a record closing high of 14,924.25.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 1.26% to 23.42.
SBI, Tata Steel and ITC were the top traded stock futures contracts in F&O segment for February expiry.
The February F&O contracts will expire on 25 February 2021.
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