VIX tumbled 2.57% to 21.475.
The Nifty February 2021 futures were at 15,346, at a premium of 31.3 points to the Nifty's closing of 15,314.70.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 24.16 lakh crore compared with Rs 20.59 lakh crore in the previous session.
In the cash market, the Nifty 50 index soared 151.40 points or 1% to a record closing high of 15,314.70.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 2.57% to 21.475.
SBI, Tata Motors and Motherson Sumi 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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