Sensex down 400 points after GDP shocker
The Sensex on Tuesday fell over 400 points during the early trade session as investors reacted to the lower-than-expected GDP growth rate numbers released on Friday.
Indian ”VIX” or the volatility index — market”s expectation of volatility over the near term — shot up by 7 per cent to 17.41.
Except for the export-oriented IT stocks, all other Nifty sectoral index traded lower.
