Nifty February futures trade at discount; India VIX spurts 23%

Published on Feb 14, 2022 17:18

The Nifty February 2022 futures were at 16,809, a discount of 33.80 points as compared with the Nifty`s closing of 16,842.80 in the cash market.

Turnover on the National Stock Exchange`s futures & options (F&O) segment was Rs 68.51 lakh crore compared with Rs 54.38 lakh crore reported in the previous session.

In the cash market, the Nifty 50 index dropped 531.95 points or 3.06% to settle at 16,842.80.

The NSE`s India VIX, a gauge of market`s expectation of volatility over the near term, soared 23% at 22.9775.

Tata Consultancy Services (TCS), Reliance Industries (RIL) and Tata Steel were the top traded individual stock futures contracts in F&O segment of NSE.

The February 2022 F&O contracts expires on 24 February 2022.