India VIX jumps 9%

Published on Jan 11, 2021 16:51

The Nifty January 2020 futures were at 14,496.75, a premium of 12 points compared with the Nifty`s spot closing of 14,484.75.

In the cash market, the Nifty 50 index surged 137.50 points or 0.96% to attain a record closing high of 14,484.75.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 21.16 lakh crore compared with Rs 17.72 lakh crore in the previous session.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, jumped 8.57% to 22.41.

The Nifty option chain for 28 January 2020 expiry showed maximum call OI of 18.99 lakh contracts at the 15,000 strike price. Maximum put OI of 29.50 lakh contracts was seen at 14,000 strike price.

Tata Motors, TCS and Infosys were the top traded stock futures contracts in F&O segment for January expiry.

The January 2020 F&O contracts will expire on 28 January 2020.