In the cash market, the Nifty 50 jumped 217.95 points or 0.91% to 24,213.30.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, dropped 4.08% to 16.01.
State Bank of India, HDFC Bank and ICICI Bank were the top traded individual stock futures contracts in F&O segment of NSE.
The November 2024 F&O contracts will expire on 28 November 2024.