India VIX slumped 10.14% to 22.72.
The Nifty June 2022 futures closed at 16,189, a premium of 18.85 points compared with the Nifty's closing of 16,170.15 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 225.38 lakh crore compared with Rs 94.73 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index slipped 144.35 points or 0.90% to settle at 16,170.15.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, tumbled 10.14% to 22.72.
Reliance Industries (RIL), HDFC Bank and Tata Steel were the top traded individual stock futures contracts in F&O segment of NSE.
The June 2022 F&O contracts will expire on 30 June 2022.
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