Turnover spurted in F&O segment due to monthly expiry.
The Nifty March 2021 futures were at 15,173.45, at a premium of 76.1 to Nifty's spot closing of 15,097.35.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 86.15 lakh crore compared with Rs 30.59 lakh crore in the previous session.
In the cash market, the Nifty 50 index surged 115.35 points or 0.77% to 15,097.35.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, tumbled 5.27% to 22.8925.
RIL, Tata Motors and ICICI Bank were the top traded stock futures contracts in F&O segment for March expiry.
The March F&O contracts will expire on 25 March 2021.
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