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The Nifty February 2023 futures closed at 17,877, a premium of 22.95 points compared with the Nifty's closing of 17,854.05 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 119.89 lakh crore compared with Rs 405.97 lakh crore reported in the previous session.
In the cash market, the Nifty 50 surged 243.65 points or 1.38% to settle at 17,854.05.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slumped 8.48% to 14.3975.
Adani Enterprises, State Bank of India and Reliance Industries were the top traded individual stock futures contracts in F&O segment of NSE.
The February 2023 F&O contracts will expire on 23 February 2023.
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