NSE VIX slumped 4.5% to 12.94.
The Nifty July 2021 futures were at 15,721, a premium of 31.20 points compared with Nifty's spot closing of 15,689.80.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 33.32 lakh crore compared with Rs 104.93 lakh crore in the previous session.
In the cash market, the Nifty 50 index slumped 38.10 points or 0.24% to 15,689.80.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slumped 4.55% to 12.9425.
TCS, Tata Steel and RIL 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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