MARKET LIVE: Sensex down 600pts, Nifty50 below 18,250; India VIX climbs 8%- QHN

Key indices Nifty50 declined over 200 points to hit day’s low of 18,210 levels, whereas the S&P BSE Sensex lowered over 650 points to hit day’s low of 61,131.

Broader markets, too, edged lower as Nifty MidCap 100 and Nifty SmallCap 100 indices fell up to 0.7 per cent. Volatility gauge, India VIX, meanwhile, climbed over 8 per cent.

All sectors drowned in the sea of red, with Nifty IT, Nifty Media, Nifty Auto, and Nifty Realty indices declining the most, over 1 per cent each.

Among individual stocks, shares of Life Insurance Corporation of India (LIC) gained over 3 per cent to hit an over six-month high of Rs 754.40, in Tuesday’s intra-day trade, in an otherwise weak market. READ MORE

Besides, shares of Dabur India dropped 3 per cent after 1 per cent equity of the personal care products’ company changed hands on the counter. READ MORE