Turnover spurted in the F&O segment due to expiry of weekly index options.
The Nifty March 2021 futures were at 14,604, a premium of 46.15 points compared with Nifty's spot closing of 14,557.85.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 92.56 lakh crore compared with Rs 42.45 lakh crore in the previous session.
In the cash market, the Nifty 50 index slumped 163.45 points or 1.11% to 14,557.85.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 0.38% to 20.08.
RIL, ITC 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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