MARKETS: Sensex down 300 pts on losses in banks, IT; India VIX eases 7%

MARKETS: Sensex down 300 pts on losses in banks, IT; India VIX eases 7%


LIVE market updates: The Indian benchmark indices erased some of the intraday losses in the afternoon but were still trading lower with around 17,500. The 50-pack index shed 114 points at 17,503-level. The 30-pack Sensex, meanwhile, fell over 400 points at 58,702. Among the sectors, IT and FMCG shed over half a percent each. Realty and Financial Services indices were trading with cuts of 1 per cent each. was down 0.2 per cent, while the index rose 0.3 per cent. 





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