The Nifty January 2025 futures closed at 23,176.90, a premium of 13.8 points compared with the Nifty's closing 23,163.10 in the cash market.
In the cash market, the Nifty 50 added 205.85 points or 0.90% to 23,163.10.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, advanced 2.44% to 18.64.
Reliance Industries, Tata Motors and HDFC Bank were the top trading individual stock futures contracts in the F&O segment of the NSE.
The January 2025 F&O contracts will expire on 30 January 2025.