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Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 46.22 lakh crore compared with Rs 121.43 lakh crore reported in the previous session.
In the cash market, the Nifty 50 index surged 138.5 points or 0.76% to settle at 18,477.05, registering a record closing high.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 8.99% to 17.185.
HDFC Bank, Tata Power and HCL Technologies were the top traded individual stock futures contracts in F&O segment of NSE.
The October 2021 F&O contracts will expire on 28 October 2021.
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