India VIX fell 2.08% to 23.43.
The Nifty March 2022 futures were at 17,216.55, a premium of 63.55 points as compared with the Nifty's closing of 17,153 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 41.19 lakh crore compared with Rs 190.35 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index lost 69.75 points or 0.40% to settle at 17,153.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, declined fell 2.08% to 23.43.
Reliance Industries, Tata Steel and HDFC Bank 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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