In the cash market, the Nifty 50 index dropped 124 points or 0.47% to 26,068.15.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, surged 12.31% to 13.63.
HDFC Bank, ICICI Bank and Reliance Industries were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The November 2025 F&O contracts will expire on 25 November 2025.