In the cash market, the Nifty 50 index declined 81.55 points or 0.33% to 24,379.60.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, advanced 3.58% to 19.
Bank of Baroda, State Bank of India and Mahindra & Mahindra 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.