In the cash market, the Nifty 50 index plunged 360.25 points or 1.56% to 22,780.25.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, registered sharp gains of 12.15%.
Vodafone Idea Ltd, Vodafone Idea Ltd and Yes Bank Ltd were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The October 2026 F&O contracts will expire on 27 October 2026.