NSE's VIX surged 3.28% to 22.25.
The Nifty February 2021 futures were at 15,006.80, at a premium of 25.05 to Nifty's closing of 14,981.75.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 27.55 lakh crore compared with Rs 80.21 lakh crore in the previous session.
In the cash market, the Nifty 50 index slumped 137.2 points or 0.91% to 14,981.75.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, surged 3.28% to 22.25.
SBI, Tata Motors and RIL 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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