In the cash market, The Nifty 50 index fell 488.85 points or 2.09% to 22,819.60.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term rallied 8.77% to 26.80.
HDFC Bank, Reliance Industries and Infosys were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The March 2026 F&O contracts will expire on 30 March 2026.
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