The Nifty March 2025 futures closed at 23,720, a premium of 61.65 points compared with the Nifty's closing 23,658.35 in the cash market.
In the cash market, the Nifty 50 jumped 307.95 points or 1.32% to 23,658.35.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 8.94% to 13.70.
Reliance Industries, HDFC Bank and State Bank of India (SBI) 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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