In the cash market, the Nifty 50 slipped 183.90 points or 0.76% to 24,004.75.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, declined 1.43% to 13.54.
Tata Motors, Reliance Industries and HDFC Bank were the top traded individual stock futures contracts in F&O segment of NSE.
The January 2025 F&O contracts will expire on 30 January 2025.