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In the cash market, the Nifty 50 jumped 283.05 points or 1.24% to 23,190.65.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 5.22% to 12.60.
Reliance Industries, Polycab India and KEI Industries were the top trading individual stock futures contracts in the F&O segment of the NSE.
The March 2025 F&O contracts will expire on 27 March 2025.
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