Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 40.32 lakh crore compared with Rs 33.87 lakh crore in the previous session.
In the cash market, the Nifty 50 index gained 32.1 points or 0.22% to 14,707.80.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, fell 0.95% to 25.2275.
Tata Motors, Tata Steel and SBI were the top traded stock futures contracts in F&O segment for February expiry.
The February F&O contracts will expire on 25 February 2021.
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