VIX soars 6.28% as shares tumbled
The Nifty July 2021 futures were at 15,733.9, a discount of 12.55 points compared with Nifty's spot closing of 15,746.45.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 48.40 lakh crore compared with Rs 36.04 lakh crore in the previous session.
In the cash market, the Nifty 50 index fell 78 points or 0.49% to 15,746.45.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 6.28% to 13.2325.
Reliance Industries, Dr. Reddy's and Tata Steel were the top traded stock futures contracts in F&O segment for July expiry.
The July F&O contracts will expire on 29 July 2021.
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