The Nifty March 2024 futures closed at 22,118.90, a premium of 106.95 points compared with the Nifty's closing 22,011.95 in the cash market.
In the cash market, the Nifty 50 added 172.85 points or 0.79% to 22,011.95.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, tumbled 7.12% to 12.51.
HDFC Bank, ICICI Bank and Infosys were top traded individual stock futures contracts in F&O segment of NSE.
The March 2024 F&O contracts will expire on 28 March 2024.