The Nifty November 2024 futures closed at 23,900.20, a discount of 7.05 points compared with the Nifty's closing 23,907.25 in the cash market.
In the cash market, the Nifty 50 surged 557.35 points or 2.39% to 23,907.25.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 0.67% to 16.10.
Reliance Industries, State Bank of India and Adani Ports and Special Economic Zone were the top traded individual stock futures contracts in F&O segment of NSE.
The November 2024 F&O contracts will expire on 28 November 2024.