NSE India VIX surged 5.47% to 18.68.
The Nifty February 2022 futures were at 17,330.50, at a discount of 44.25 points as compared with the Nifty's closing of 17,374.75 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 54.38 lakh crore compared with Rs 183.90 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index lost 231.10 points or 2.30% to settle at 17,374.75.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 5.47% to 18.68.
Divi's Laboratories, Tata Steel and Reliance Industries 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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