Nifty Mar futures trade at discount

India VIX surged 4.09% at 25.73.
The Nifty March 2022 futures were at 16,648.60, a discount of 14.4 points as compared with the Nifty's closing of 16,663 in the cash market.Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 74.31 lakh crore compared with Rs 50.70 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index declined 208.3 points or 1.23% to settle at 16,663.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, surged 4.09% at 25.73.
RIL, Tata Steel and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE.
The March 2022 F&O contracts expire on 31 March 2022.
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First Published: Mar 15 2022 | 4:52 PM IST
