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The Nifty May 2024 futures closed at 22,224.25, a premium of 120.2 points compared with the Nifty's closing 22,104.05 in the cash market.
In the cash market, the Nifty 50 added 48.85 points or 0.44% to 22,104.05.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, climbed 11.51% to 20.60.
Tata Motors, State Bank of India and UPL were the top traded individual stock futures contracts in F&O segment of NSE.
The May 2024 F&O contracts will expire on 30 May 2024.
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