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The Nifty May 2024 futures closed at 22,590, a premium of 60.95 points compared with the Nifty's closing 22,529.05 in the cash market.
In the cash market, the Nifty 50 added 27.05 points or 0.12% to 22,529.05.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rallied 6.26% to 21.81.
Bharat Electronics, HDFC Bank and State Bank of India 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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