In the cash market, the Nifty 50 declined 82.25 points or 0.34% to 24,246.70.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 1.81% to 16.25.
Reliance Industries, HDFC Bank and IndusInd Bank were the top trading individual stock futures contracts in the F&O segment of the NSE.
The May 2025 F&O contracts will expire on 29 May 2025.
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