Indian stock market saw sharp upwings and downswings on Tuesday, with Sensex and Nifty erasing all morning gains to close in the red as the rupee tumbled to a fresh lifetime low against the US dollar.
Sensex fell around 114 points to close at 75,201, while the Nifty 50 index declined 32 points to end the session at 23,618. This came even as India VIX, which measures volatility in markets, declined over 5% to 18.57.
