The Nifty May 2025 futures closed at 24,747.70, a discount of 4.75 points compared with the Nifty's closing at 24,752.45 in the cash market.
In the cash market, the Nifty 50 index fell 73.75 points or 0.30% to 24,752.45.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, tanked 2.79% to 18.02.
Reliance Industries, HDFC Bank and ICICI Bank were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The May 2025 F&O contracts will expire on 29 May 2025.
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