Indian stock market erased most of its intraday gains, with the Sensex recording marginal gains and Nifty slipping into the red, with Nifty Smallcap 100 and Nifty Midcap 100 indices crashing more than 1% each.
Sensex gained over 64 points to close at 73,983, while Nifty 50 declined 27 points to end the session at 23,215. This came as India VIX, which measures volatility in the market, inched up higher towards 15.61.
