India VIX fell 3.68% to 19.69.
The Nifty February 2022 futures were at 17,256.65, at a discount of 10.1 points as compared with the Nifty's closing of 17,266.75 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 99.43 lakh crore compared with Rs 71.96 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index added 53.15 points or 0.31% to settle at 17,266.75.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, declined 3.68% to 19.69.
Tata Steel, Reliance Industries and Infosys were the top traded individual stock futures contracts in F&O segment of NSE.
The F&O contracts expires on 24 February 2022.
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