The Indian stock market closed in the red for the second consecutive session on Tuesday, with Sensex and Nifty falling around 0.3% each on the latter’s monthly expiry day.
Sensex dropped nearly 250 points to end the session at 76,479, while Nifty 50 declined over 80 points to close at 23,866 on Tuesday. This came as India VIX, which measures volatility in the market, fell slightly to 13.48.