Indian equity benchmarks witnessed another session of heavy selling on Tuesday, marking their fourth consecutive day of declines, as weakness persisted across sectors with IT, banking, automobile and consumer stocks bearing the brunt of the pressure. The NSE Nifty50 dropped 436.30 points, or 1.83%, to end at 23,379.55, while the BSE Sensex tumbled 1,456.04 points, or 1.92%, to settle at 74,559.24.
Meanwhile, the volatility gauge India VIX ended at 19.28, down by 3.92% from the last closing.
