In the cash market, the Nifty 50 fell 219.60 points or 0.89% to 24,768.30.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, shed 1.04% to 13.05.
Reliance Industries, HDFC Bank and Bharti Airtel were the top traders of individual stock futures contracts in the F&O segment of the NSE.
The December 2024 F&O contracts will expire on 26 December 2024.