In the cash market, the Nifty 50 lost 152.05 points or 0.69% to 21,995.85.
The NSE's India VIX, a gauge of market's expectation of volatility over the near term, advanced 3.36% to 13.04.
Infosys, HDFC Bank and Reliance Industries were the top traded individual stock futures contracts in F&O segment of NSE.
The April 2024 F&O contracts will expire on 25 April 2024.