VIX fell 1.26% to 21.5050.
The Nifty February 2021 futures were at 15,190.55, at a premium of 18.35 points to the Nifty's closing of 15,208.90.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 43.17 lakh crore compared with Rs 36.6 lakh crore in the previous session.
In the cash market, the Nifty 50 index slumped 104.55 points or 0.68% to 15,208.90.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 1.26% to 21.5050.
SBI, RIL and Adani Ports & SEZ were the top traded stock futures contracts in F&O segment for February expiry.
The February F&O contracts will expire on 25 February 2021.
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