VIX declines 7% as shares rally
The Nifty December 2021 futures was at 16,814, a premium of 43.15 points as compared with the Nifty's closing of 16,770.85 in the cash market.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 70.39 lakh crore compared with Rs 64.05 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index rose 156.65 points or 0.94% to settle at 16,770.85.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slumped 7.52% to 17.5375.
Reliance Industries, Zee Entertainment Enterprises and Tata Steel were the top traded individual stock futures contracts in F&O segment of NSE.
The December 2021 F&O contracts expires on 30 December 2021
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