India VIX declines 1.37% to 25.28.
The Nifty May 2022 futures were at 16,015.95, a discount of 9.85 points compared with the Nifty's closing of 16,025.80 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 94.73 lakh crore compared with Rs 81.73 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index slipped 99.35 points or 0.62% to settle at 16,025.80.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 1.37% to 25.28.
Reliance Industries (RIL), Infosys and HDFC Bank were the top traded individual stock futures contracts in F&O segment of NSE.
The May 2022 F&O contracts will expire on 26 May 2022.
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