In the cash market, the Nifty 50 index dropped 360.25 points or 1.56% to 22,780.25.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 12.54% to 13.69.
HDFC Bank, Reliance Industries and Infosys were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The September 2026 F&O contracts will expire on 29 September 2026.
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