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Turnover on the National Stock Exchange's futures & options (F&O) segment was Rs 36.98 lakh crore compared with Rs 29.07 lakh crore in the previous session.
In the cash market, the Nifty 50 index surged 78.35 points or 0.53% to 14,814.75.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, rose 0.84% to 20.665.
Adani Enterprises, Adani Ports and RIL were the top traded stock futures contracts in F&O segment for March expiry.
The March F&O contracts will expire on 25 March 2021.
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