In the cash market, the Nifty 50 index lost 241.25 points or 0.95% to 25,048.65.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 6.31% to 14.19.
HDFC Bank, Reliance Industries and ICICI Bank were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The January 2026 F&O contracts will expire on 27 January 2026.
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