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The Nifty February 2024 futures closed at 21,787, a premium of 15.3 points compared with the Nifty's closing 21,771.70 in the cash market.
In the cash market, the Nifty 50 tumbled 82.10 points or 0.38% to 21,771.70.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 6.25% to 15.62.
State Bank of India, Tata Motors and HDFC Bank were the top traded individual stock futures contracts in F&O segment of NSE.
The February 2024 F&O contracts will expire on 29 February 2024.
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