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The Nifty March 2024 futures closed at 22,076.45, a premium of 78.75 points compared with the Nifty's closing 21,997.70 in the cash market.
In the cash market, the Nifty 50 dropped 338 points or 1.51% to 21,997.70.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, climbed 5.82% to 14.43.
ITC, HDFC Bank and ICICI Bank were top traded individual stock futures contracts in F&O segment of NSE.
The March 2024 F&O contracts will expire on 28 March 2024.
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