In the cash market, the Nifty 50 soared 378.20 points or 1.62% to 23,739.25.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 2.33% to 14.02.
Asian Paints, Reliance Industries, and HDFC Bank were the top traded individual stock futures contracts in the F&O segment of the NSE.
The February 2025 F&O contracts will expire on 27 February 2025.
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