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In the cash market, the Nifty 50 jumped 414.45 points or 1.77% to 23,851.65.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 2.50% to 15.47.
Reliance Industries, State Bank of India and ICICI Bank were the top trading individual stock futures contracts in the F&O segment of the NSE.
The April 2025 F&O contracts will expire on 24 April 2025.
Details of the amalgamation of Regional Rural Banks sponsored by Bank of Baroda following Government of India notification dated 07 April 2025 for provision of amalgamation of Regional Rural Banks into a single Regional Rural Bank in different states.
In the cash market, the Nifty 50 fell 136.70 points or 0.61% to 22,399.15.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 4.83% to 21.43.
Muthoot Finance, State Bank of India and Infosys were the top traded individual stock futures contracts in the F&O segment of the NSE.