In the cash market, the Nifty 50 slipped 30.25 points or 0.13% to 22,959.50.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, gained 4.71% to 15.72.
Mahindra & Mahindra, Manappuram Finance and Reliance Industries were the top trading individual stock futures contracts in the F&O segment of the NSE.
The February 2025 F&O contracts will expire on 27 February 2025.