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.
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