In the cash market, the Nifty 50 lost 27.40 points or 0.12% to 22,470.50.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 2.70% to 13.69.
Tata Motors, Infosys and HDFC Bank were the top trading individual stock futures contracts in the F&O segment of the NSE.
The March 2025 F&O contracts will expire on 27 March 2025.