In the cash market, the Nifty 50 dropped 137.15 points or 0.56% to 24,198.85.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, shed 0.77% to 14.37.
Reliance Industries, HDFC Bank and Tata Motors were the top traded individual stock futures contracts in F&O segment of NSE.
The December 2024 F&O contracts will expire on 26 December 2024.