The Nifty May 2025 futures closed at 24,728, a premium of 61.1 points compared with the Nifty's closing at 24,666.90 in the cash market.
In the cash market, the Nifty 50 index advanced 88.55 points or 0.36% to 24,666.90.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, tanked 5.35% to 17.23.
Tata Motors, Hindustan Aeronautics and REC were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The May 2025 F&O contracts will expire on 29 May 2025.
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