Indian stock markets opened deep in the red on Wednesday, with the Sensex and Nifty falling around 0.8% each as the rupee’s sharp decline and other macro concerns dampened investor sentiment.
The Sensex declined more than 600 points to slip below the 74,600 mark, while the Nifty 50 fell over 190 points to trade below 23,450. This came as India VIX, which measures market volatility, rose more than 1% to hover near 18.93 in morning trade.
