NSE India VIX tumbled 8.48% as shares advanced.

The Nifty February 2023 futures closed at 17,877, a premium of 22.95 points compared with the Nifty's closing of 17,854.05 in the cash market.

Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 119.89 lakh crore compared with Rs 405.97 lakh crore reported in the previous session.

In the cash market, the Nifty 50 surged 243.65 points or 1.38% to settle at 17,854.05.

The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slumped 8.48% to 14.3975.

Adani Enterprises, State Bank of India and Reliance Industries were the top traded individual stock futures contracts in F&O segment of NSE.

The February 2023 F&O contracts will expire on 23 February 2023.

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First Published: Feb 03 2023 | 4:40 PM IST

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