India VIX slumped 9.77% as shares rally
The Nifty March 2022 futures were at 17,006.50, a premium of 31.15 points as compared with the Nifty's closing of 16,975.35 in the cash market.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 75.79 lakh crore compared with Rs 74.31 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index surged 312.35 points or 1.87% to settle at 16,975.35.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slumped 9.77% to 24.1175.
RIL, Infosys and Tata Steel were the top traded individual stock futures contracts in F&O segment of NSE.
The March 2022 F&O contracts expire on 31 March 2022.
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