In the cash market, the Nifty 50 soared 445.75 points or 1.88% to 24,188.65.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, dropped 5.30% to 13.74.
Reliance Industries, Maruti Suzuki India and Tata Motors and were the top traded individual stock futures contracts in F&O segment of NSE.
The January 2025 F&O contracts will expire on 30 January 2025.