Turnover spurts in F&O segment due to expiry
The Nifty November 2021 futures were at 17,901.70, a discount of 44.45 points compared with the Nifty's closing of 17,857.25 in the cash market.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 149.31 lakh crore compared with Rs 63.35 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index tumbled 353.70 points or 1.94% to 17,857.25.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 6.44% to 17.9125.
Reliance Industries, Axis Bank and Bajaj Finance were the top traded individual stock futures contracts in F&O segment of NSE.
The November 2021 F&O contracts will expire on 25 November 2021.
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