Markets: Sensex down 300 points on decline in banks, IT; Bharat VIX
Live Market Updates: Indian benchmark indices erased some intraday losses in the afternoon but were still trading around 17,500 with Nifty. The 50-pack index ended 114 points lower at 17,503. Meanwhile, the 30 pack Sensex closed 400 points lower at 58,702. Among sectors, IT and FMCG declined by over half a percentage point each. Nifty Realty and Financial Services indices were trading 1-1 per cent lower. The BSE Midcap lost 0.2 per cent, while the Smallcap index rose 0.3 per cent.
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