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The Nifty December 2023 futures closed at 21,558.20, a premium of 109.10 points compared with the Nifty's closing 101.55 in the cash market.
In the cash market, the Nifty 50 jumped 273.95 points or 1.29% to 21,456.65.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 6.55% to 13.13.
HDFC Bank, Infosys and State Bank of India were the top traded individual stock futures contracts in F&O segment of NSE.
The December 2023 F&O contracts will expire on 28 December 2023.
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