Turnover spurts in F&O segment due to expiry of weekly index options.
The Nifty August 2021 futures were at 16,363.70, almost at par with Nifty's spot closing of 16,364.40.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 95.18 lakh crore compared with Rs 63.81 lakh crore in the previous session.
In the cash market, the Nifty 50 index jumped 82.15 or 0.5% to 16,364.40, its record closing high level.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, lost 2.67% to 12.3725.
Bharat Forge, Tata Steel and Tata Motors were the top traded stock futures contracts in F&O segment for August expiry.
The August F&O contracts will expire on 26 August 2021.
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