In the cash market, the Nifty 50 slipped 320.10 points or 1.37% to 23,024.65.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 3.89% to 17.06.
Zomato, Dixon Technologies and Reliance Industries were the top trading individual stock futures contracts in the F&O segment of the NSE.
The January 2025 F&O contracts will expire on 30 January 2025.
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