The Nifty December 2024 futures closed at 24,401, a premium of 65 points compared with the Nifty's closing 24,336 in the cash market.
In the cash market, the Nifty 50 dropped 332.25 points or 1.35% to 24,336.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rallied 3.31% to 14.49.
Reliance Industries, HDFC Bank and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE.
The December 2024 F&O contracts will expire on 26 December 2024.
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