In the cash market, the Nifty 50 added 118.95 points or 0.54% to 22,123.65.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, shed 0.91% to 12.70.
HDFC Bank, Reliance Industries and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE.
The March 2024 F&O contracts will expire on 28 March 2024.