In the cash market, the Nifty 50 index declined 232.85 points or 0.95% to 24,363.30.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 2.95% to 12.03.
State Bank of India, Bharti Airtel and Kalyan Jewellers India were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The August 2025 F&O contracts will expire on 28 August 2025.
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