In the cash market, the Nifty 50 index declined 86.50 points or 0.36% to 24,032.80.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 2.14% to 17.91.
Mahindra & Mahindra, HDFC Bank and Reliance Industries were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The May 2026 F&O contracts will expire on 26 May 2026.
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