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The Nifty May 2024 futures closed at 23,001.10, a premium of 68.65 points compared with the Nifty's closing 22,932.45 in the cash market.
In the cash market, the Nifty 50 lost 24.65 points or 0.11% to 22,932.45.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 6.82% to 23.19.
HDFC Bank, ICICI Bank and State Bank of India were the top traded individual stock futures contracts in F&O segment of NSE.
The May 2024 F&O contracts will expire on 30 May 2024.
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