In the cash market, the Nifty 50 index dropped 222.25 points or 0.93% to 23,775.10.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, was up 3.70% to 20.43.
HDFC Bank, Tata Consultancy Services and Infosys were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The April 2026 F&O contracts will expire on 28 April 2026.
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